Looks like Dumping The Pump - at least for a while - can be fun! It is only the beginning - GM has a stake in Envia Systems, which promises the better Lithium Batteries and Electric Cars for masses.
"Now you can check our progress towards the brick wall. As you already know, the recent nosedive in the markets and economic indicators is the reflection of the Oil price above 100 dollars. FED is not controlling the economic cycle any more - Oil does. FED and all other central banks now will backstop the insolvent financial system and provide liquidity in order to control "the run on the banks", consequence will be the explosion of our Mega Trend: Peak Oil multiplied by Inflation.
Gold has already spoken last Friday with its rip of over 4% - the largest single-day gain in the last 41 months!"
Lithium batteries technology is developing very fast now. Envia Systems promises Electric cars for all and now Prieto talks about safe, long lasting non-toxic Lithium 3D Solid-State Battery.