So we may have a breather to think about how oil should figure into our investing regimens.

FORBES: A Shield Against The Next Oil Shock

The big worry is that Russia has failed to use the breather it gained from high oil prices and devaluation.

ECONOMIST: The country may get poorer, again

With the US debt bubble still firmly in place, Dietrich says investors should expect oil, commodities, gold and precious metal prices to rise again later this fall after taking a breather over the summer.

FORBES: No "Double Dip", But Gold Seen Rising as US Debt Woes Persist