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Old 07-23-2008, 05:14 AM
 
Location: Jonquil City (aka Smyrna) Georgia- by Atlanta
16,259 posts, read 24,769,842 times
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I say by Christmas Day!
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Old 07-23-2008, 05:31 AM
 
Location: Raleigh, NC
9,059 posts, read 12,974,155 times
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Quote:
Originally Posted by KevK View Post
I say by Christmas Day!
The dow can realistically hit 1 million as long as bailouts keep coming. The Zimbabwe stock market is doing GREAT nominally speaking.

http://mises.org/story/2532

Up 12000% over twelve months I believe.

Gold will be worth the dow or at least half the dow by the end of this 5 year recession cycle. Happened before and it'll happen again.
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Old 07-23-2008, 07:08 AM
 
Location: Londonderry, NH
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On Christmas day 3020 (in inflation adjusted constant dollars). In another decade in inflated dollars.
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Old 07-23-2008, 08:18 AM
 
Location: Texas
5,012 posts, read 7,874,944 times
Reputation: 5698
you can't fix stupid...
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Old 07-23-2008, 09:00 AM
 
8,726 posts, read 7,414,967 times
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I think with with the assumption of current inflation levels (so implying same value) I would say 2011.
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Old 07-23-2008, 02:55 PM
 
Location: Backwoods of Maine
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Not before it hits 4000 first!

Richard Russell (yeah - that ol' fart!) says that gold and the Dow will cross at 3000...
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Old 07-23-2008, 04:48 PM
 
Location: Charlotte, NC (in my mind)
7,943 posts, read 17,258,227 times
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Quote:
Originally Posted by KevK View Post
I say by Christmas Day!
My guess would be somewhere ca. 2029 unless we have hyperinflation which send the Dow to 100,000 (which is possible).
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Old 07-24-2008, 02:18 AM
 
Location: Los Angeles Area
3,306 posts, read 4,156,770 times
Reputation: 592
Not anytime soon.
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