For years, the company once known as British Petroleum vowed to move “beyond petroleum.” Now, it’s moving beyond British. By naming American Bob Dudley as the new CEO Tuesday, BP’s board has shifted the company’s focus squarely on America, which remains the company’s best hope and its biggest failure. Dudley ran BP’s nettlesome joint venture in Russia, and he was considered for the CEO job three...

Do you really think that the Google (GOOG) shares of stock at 489 or the shares of stock of the Chicago Mercantile Exchange (CME) at 284 are really that high priced? There are actually several stocks that trade above a thousand dollars per share. However, if you are considering including some of the high prices shares in your portfolio, you will probably want those that trade on a regular basis, excluding such stocks as Indians Inc....

Goldman Sachs recently shared its analysis for commodities and how they expect commdities to behave in 2011. As per their projections, commodities will continue rally in next 12 months and price of gold can achieve USD 1350. While seeming aggressive, this projection is logical and can be explained by US treasury continuing pumping money onto the world and smart investors are continuing to accumulate gold bullion. Another commodity which...

While silver often follows gold, its industrial side also leads it to track copper, which is the case during last few...

Silver ETFs can either directly hold silver bullion (the iShares Silver Trust – SLV – does this), or invest in derivatives that track the price of silver (for instance, the PowerShares DB Silver Fund – DBS – holds futures contracts). Both types of ETFs will move with the price of silver, and similar types of silver ETFs usually have similar expense ratios.