It would be a true bear move to make the books if the market fell quickly another 50% over the next 30 days.
Then probably in that scenario could be a bull market for decades but the short time frame to the bottom obviously does not lessen the damage.
Why do you believe gold is so massive overvalued? Gold should be an opposite move to the value of the dollar and in the long term oil also should be an opposite move to the value of the dollar imo.
Do you therefore see the dollar in a continued slide down in value or are you expecting significant deflation?