bear market definition: equities priced in gold

Then on the other hand, a view of where we are in the process of a bear market progression if equities were priced in gold instead of dollars. Dollars can be printed (devalued), gold cannot, it's value is much more stable.

Well, the gov better get busy with helicopter money next...QE on steroids.

bear market definition, and where we are in the process

Seems like a good time to update the bear market chart, using my favorite definition, sequential closes below the 20 month EMA (can be applied to anything). A long enough period of sideways eventually also gets "bear market" designation, later in the game. Meanwhile, in up-down terms, this IS NOT a secular bear market, measured in (devalued) US Dollars. Not yet anyway.