“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...
![[New Video] The Rally in Gold is Just Getting Started](https://blog.gorozen.com/hubfs/Blog%20Images/2019-USAU-Video-Blog-LinkedIn.png)
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...
![[PODCAST] A Comprehensive Look at Energy Markets with Leigh Goehring](https://blog.gorozen.com/hubfs/Blog%20Images/2019-Evercore-Podcast-Blog-LinkedIn.png)
On July 23rd, Leigh Goehring was a guest on theInvest with James Westpodcast series hosted by James West, Senior Managing Director & Partner at Evercore ISI.
We sincerely appreciate your continued interest and support of our market insights. Below we recap our 3 most popular blog posts of the first half of 2019.
As our readers know, we believe a huge bull market in precious metals sits directly in front of us. For proof, we look no further than the April 22, 2019 Bloomberg Businessweek cover. Nearly 40 years...
“Headlines all strongly suggested DeGolyer & MacNaughton independently verified 260 bn bbl of Saudi Arabian oil reserves, in truth they only verified 162 bn (or 60%) of that amount.” Picking up...
“Ghawar will not be able to increase production from here, making its 3.8 m b/d ‘maximum sustained capacity’ figure highly suspect.” Major depletion issues are now emerging in the OPEC world,...
“According to the IEA, non-OPEC production outside of the U.S. and Russia peaked in June 2018 at 32.8 mm b/d and has since declined by 800,000 b/d.”
Despite 2019’s rally in oil prices, investors remain bearish towards oil-related equities. While Brent and WTI prices rallied between 25 and 30% from their Christmas Eve-lows, oil-related stocks...