Dollar, Precious Metals, Energy Could All Rise Together (UUP, OIH, GLD, SLV)

We have been witnessing some very interesting trading activity over the last week or so. Namely, the sharp rise in the U.S. Dollar has NOT resulted in extended sell offs in the energy and precious metal spaces. Assets such as gold, silver, and crude oil are priced in Dollars, so a rising greenback, frequently suppresses prices. This phenomenon is not occurring, however, and it may be a sign of the underlying strength in the energy and precious metals markets. On Monday, gold, silver, crude oil and the Dollar are all rising. The SPDR Gold Trust ETF

has gained 0.21% to $133.39. The iShares Silver Trust ETF

has jumped 1.34% to $26.48. The United States Oil Fund ETF

is up 2.17% to $36.75. The PowerShares DB US Dollar Index Bullish ETF

has gained 0.65% and is trading at $22.36. Investors may want to consider going long precious metals, energy, and the U.S. Dollar. This trade allows you to be hedged, as these asset classes normally move inversely to each other, but also lets you benefit significantly if the most recent trends persist.