PJ Media

How low can the market go? Were this drop not associated with a collapse of the dollar, I’d say about 2,500 to 3,500. But as the debasement of the dollar continues, losing 60% to 80% of its purchasing power, people worldwide are going to begin abandoning it for more stable currencies. (I already am)

When they do, goods & services will stop being priced in dollars, triggering its final collapse. All dollar denominated assets (stocks/bonds) will simply disappear.

And the once mighty U.S. dollar, warm & cozy in your wallet shall rightly return to its intrinsic value, 0.