24 We've officially entered bear market and Gold is holding it's support. Interesting posted 1 year ago by KimJung-Un 1 year ago by KimJung-Un +25 / -1 . 10 comments share 10 comments share save hide report block hide replies
What does a bear market mean?
A 20% (or more) decline. We crossed that threshold today; and are now down 20% from the Jan. 4 high.
Thank you!
I disagree with the "20% off the index high" requirement, though I know that is touted in the fake financial news media.
But yeah, no matter how you slice it, it's a bear market.
Bull market = price goes up.
Bear market = price goes down.
Thank you! Super helpful!
A declining market.