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...

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.

Welcome or not, the BP (BP) oil spill has put the spotlight on the oil industry. Although related exchange traded funds have not been hit too hard, a handful of stocks have, and as is always the case in a huge sell-off, investors should have a keen eye for undervalued assets. According to Tony D’Altorio of Investment U, few people know that the oil exploration industry was in trouble even before the BP oil spill. D’Altorio cites that...

“Gold Isn’t Going To $2,000 An Ounce” is both the headline and the announcement of Jeff Clark at CaseyResearch.com, a conclusion he apparently reached after he “decided to take a fresh look at calculations that could be used to appraise gold’s upside potential.” Confirming rumors that I am “always disagreeable,” I am absolutely sure that gold will soar in price, as in To The Freaking Moon (TTFM), as a result of the fiscal...