G&R Blog

What’s happening to US shale production? After growing by a torrid 145,000 b/d per month in 2018, shale production growth has ground to a screeching near halt. Since December, shale oil production...

Goehring & Rozencwajg managing partner Adam Rozencwajg is constantly on the hunt for commodity sectors that are radically undervalued. This usually involves companies that have little-to-no...

“Under any scenario, future shale growth looks set to slow dramatically.” Developments in the US shale basins have never been more important for global crude fundamentals. Over the past decade, the...

“If global commodity demand was falling sharply today, we would expect tosee the Baltic Exchange Dry Index plummeting. Instead, just theopposite is happening.” For nearly 30 years, we have been...

“While the conventional wisdom suggests the oil markets are in a sustained glut, the pronounced backwardization tells us that there is no truth in this belief.” For nearly 30 years, we have been...

“The physical commodity markets and the natural resource equity markets are telling two drastically different stories.” At Goehring & Rozencwajg, we are deep-value, contrarian investors. For nearly...

True value investors, Adam Rozencwajg and his partner Leigh Goehring believe the best time to find value in the natural resources space is when commodity prices become disproportionately depressed,...

“A Trend Will Continue Until It Can No Longer.” This saying ultimately has two related meanings. First, a trend may persist far longer than reason or logic would dictate. Second, the trend will...

“What will end the current period of commodity undervaluation? We are more and more convinced that it will once again be related to a shift in the global monetary regime, such as the potential...

Gold prices recently rose to more than $1,400 per ounce. Is this a fluke or could prices actually rally to over $10,000? In this ten-minute video, our very own Leigh Goehring discusses the factors...