“It’s not technically a new decade yet,” writes small-cap expert Dan Denning at WhiskeyandGunpowder.com. “But if the trade of the last decade was to sell stocks and buy gold, then maybe the best trade for the next ten years is to sell bonds and buy energy. Gas, coal, oil, conventional, unconventional, renewable, alternative. You have a whole portfolio of choices.”

Luckily, I was bearish on oil until recently. I said to short oil when it was at $120 per barrel on 04/23/08. I was a little early to the party, but oil did drop below $33 a barrel in December of 2008. Oil plummeted $114 a barrel after reaching its record high last summer.

IEA sees oil supply crunch as demand rises from 2010… Japan economy shrinks most since 1974… South Korean exports fall by a third… President Obama to sign stimulus bill on Tuesday

OPEC says willing to cut production further from March…  Impending U.S. stimulus package supportive…  Dismal U.S. jobs data still weighs on sentiment…

Crude oil has tumbled to prices not seen for five years. But Byron King says the energy industry can’t function with prices this low. Investment in the future is drying up, and so is the existing oil supply. And that’s why the long-term price trend of crude is still way up.

Last year’s 54% drop in oil prices may have set the table for a rally similar to the one experienced in 1999, when prices doubled after a similar decline. The so-called “forward curve of futures contracts” traded on the New York Mercantile Exchange suggests prices will rise 28% this year, according to Bloomberg News.

Oil falls after two sessions of gains… Israeli offensive goes into fourth day…  OPEC output set to fall further in December

Oil jumps 6 pct after fall to 4-year low last week… Saudi deepens some supply cuts ahead of OPEC meeting… Equity market bounce aids sentiment across commodities

American consumers are feeling the pain both at the pump and in the grocery store. Meanwhile with real full-time unemployment rates climbing towards 10%, penny-pinching consumers are wondering just who is to blame.

In 2000, investors thought the world was a “different” place. “You have to value Internet companies differently,” people would say. “Ignore the triple-digit P/E… That is an obsolete way to value a company.”