In December 2014, the deteriorating market for metals and a suddenly floundering oil price pulled the resource-heavy TSX Venture Index to an all-time low.
Big board indices such as the S&P 500 are still reaching new highs each week, yet this is the second longest bear market since 1932 for gold stocks according to Barron’s Gold Mining Index (BGMI).
A Look At TSX Venture Bottoms From 1981 to 2014
Exclusive: Izzy Englander’s Millennium Management Focuses On Longer Term Capital
Earlier this month, Greylock Capital Associates, an emerging markets hedge fund, filed for bankruptcy protection in New York assets under management dwindled from nearly $1 billion in 2017 to $450 million at the end of 2020. After three years of losses, Bloomberg reported that assets could drop below $100 million by the end of the Read More