Crude oil is trading above $85/b today, the dollar is strengthening against the euro, and gold futures are above $1,180/oz. That all three things are happening at the same time is a bit unusual, but then these are unusual times. Both the SPDR Gold Shares ETF (NYSE:GLD) and the Market Vectors Gold Miners ETF (NYSE:GDX) are at new highs for 2010 and at their highest point since gold topped $1,200/oz back in December 2009. The climb back to the peak has been more or less steady, and if news from Europe doesn't get better over the weekend, $1,200/oz is not out of the question for next week.
In the U.S., the Chicago Climate Exchange and the Chicago Climate Futures Exchange trade voluntary carbon permits that are legally binding. Members of the CCX, as the Chicago exchange is known, include Ford Motor Co. (NYSE:F), United Technologies Corp. (NYSE:UTX), DuPont (NYSE:DD), Potash Corp. (NYSE:POT), American Electric Power Co. (NYSE:AEP), and FMC Corp. (NYSE:FMC).