Bigworld, The recent 50% collapse in the miners was predictable based on how they acted during the 2008 crisis (down 72%). Gold bullion's recent drop (15%) was also predictable based on 2008, when gold was down 30%. The current strong rebound in both gold and the miners was also replicated in 2008.
So the logical strategy would be to avoid both gold and the miners until after a big crisis hits, and then buy on the weakness. It sounds backwards, since we normally think of gold as a hedge. But based on 2008 and 2020, during times of market panic, gold will drop right along with the stock market as people are forced to raise liquidity. They sell whatever they have that is liquid, including gold.
Well, at least gold and the miners are 'on the mend', and hopefully won't be subject to more panic selling. But if the world actually does fall apart as you are expecting, it would seem a lot better going into the collapse owning physical gold, rather than some paper asset (mining stock) trading on an electronic exchange, which might go dark.