Today also marks the culmination of Red Bull Stratos, the mission to break the freefall record cooked upback in 2005 by Red Bull, Baumgartner and Joe Kittinger, who previously held the jumping world record and who guided Baumgartner in his fall yesterday.
The first cyclical bull market since the secular bear market began, carried the market backup to its peak of 2000 before the 2007-2009 cyclical bear market took over.
That long-term bull market appears to have ended with a temporary reversal to the downside in 2011, a recovery backup but to a lower peak last October, and a more serious plunge since that has gold down 24% from that peak, officially in a bear market.