[DustyMoment]

In looking back at history of markets, if we take the Dow Industrials, there is no doubt we are going to blow past Dow 15,000, 16,000, 17,000 and so on based upon currency creation effects alone. The fact that markets are liquid, capital will flow in and out, there will be major pullbacks, those who fail to market time will get crushed at times, but make no mistake Dow 20,000 is a foregone conclusion.

Methinks this is highly specious ca-ca!

The only way that I see this ever happening is when the dollar value plummets to about $0.01 and it takes about $35.00 to buy a loaf of bread, $75.00 to buy a gallon of milk and about $245,000 to fill your Prius' gas tank!

[Mikey_1962]

The only way that I see this ever happening is when the dollar value plummets to about $0.01 and it takes about $35.00 to buy a loaf of bread, $75.00 to buy a gallon of milk and about $245,000 to fill your Prius' gas tank!

The 1970's saw huge inflation and the Dow did not rise correspondingly to the dollars fall.

1/1/1970 the DOW was at 850; 1/1/1980 it was at 963.

The stagnation of the Dow was more related to energy prices than any other factor.