History clearly says no, but this won't stop the public from believing. It’s the unsupported belief that will prevent many from being prepared against the consequences of currency devaluation.
Could the Dow set a record high next year?Source: finance.yahoo.com
That question would have seemed crazy early last year when fear and panic enveloped the stock market and the Dow Jones industrial average plunged to 6,547 on March 9. Many investors thought it would take a decade or longer to get back to the record of 14,165, set on Oct. 9, 2007.
Now we could be on the verge. The Dow has soared 76 percent the past 21 months, and it would have to climb just 23 percent from Thursday's close of 11,499 to set a record
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