Bubbling away…

Markets are rallying and rejoicing as it appears certain the money printing (QE) party in the US will continue into 2014.  Some are even talking of it increasing from the current $85b/month! Apparently it’s even worth a leveraged punt with margin debt on shares in the US now at $400 billion or $20 billion higher than the previous record…. just before the GFC.  Artificially inflated bubbles always, always burst.  Leveraging your late bet with debt sets up an even bigger fall, doing so without a hedge like gold or silver in your portfolio leaves you absolutely nowhere to go.