What got us out of the depression was capitalism, and we would have gotten out a lot quicker had the government not intervened.

Yes, when they're buying there are more buyers in the market and that's supportive of the price. The more buyers you have, the firmer the price is going to be. When central banks were selling it was a headwind the market had to overcome. Now it's a tailwind that central banks are joining the buyers.

The U.S. dollar is in terminal decline. America is tragically bankrupt, unable to pay its lenders without printing the dollars to do so, and enmeshed in an economic depression. The clock is ticking until the dollar faces a crisis of confidence like every other bubble before it.

You're worth what you're worth

I don't want the technology of the 1950s, but I want the free market of the 1950s.

There is simply no way to sustain an economy based on consumer credit.

Confidence by itself, unless it has a valid basis, can get us into trouble.