The only way to keep oil inexpensive, is to grow the economy without raising demand. We need to use oil more efficiently and at the same time find cheaper substitutes.

This is easier said then done, to become more efficent requires capital investment. Not just for business, but for consumers as well. This is where government can play an important role, to provide incentives to facilitate this change. The market place can not provide this incentive, as oil prices are inelastic, people and businesses will continue to pay higher prices (until they are broke), because they have no other choice. You can’t drive your car from the burbs to anywhere, if you can’t afford the gas.

Still Harry The Recovery Troll believes blindly in the game. He has all his money on apple’s stocks. He sees economic “turnaround”.

Never underestimate the power of denial.

We not too shahp, donchano.

Besides, I ain’t da one sayin, you know, different standards.

Hey, Bill! Are you your biggest fan?:-)

Well, that’s one way to put it. I mentioned the other day that they may discover the demand for this will fall short of the available funds, especially when considering the various regulatory hurdles attached. Seems to be the case too.

Side note: Tighten up your editing, there’s two places and maybe more where you’re abusing your privilege with the Kings’s English.

Harry: Why stop at 20%? Why not up 25 or even 30% EOY? If you’re gonna swing hard, swing for the bleachers.

Still not to do with my pile of cash though. BUY more gold…? That seems unwise when markets are ripening for a correction in an environment where gold is correlating to the stock market.

I agree with the deflationary thesis as laid out by Hugh Hendry and seconded by Bill. This would generally be bullish for bonds and the dollar.

The problem is that the dollar is under political threat by the BRIC nations who represent something like 1/3 of the world’s populace (and also other parties).

There is little doubt that the dollar will lose its reserve currency status soon.

So what to invest my cash in? What does one do with with cash right now?

Looks like you are finally coming around. The economies of the world are on the mend. And to Jason’s point, yes, this isn’t a “bounce”, it’s an economic turnaround. Markets are still not even reflecting that yet. Just wait, another 20% upside in US indices by EOY.