G&R Blog

As proof we live in interesting times, just consider the gold-oil ratio over the last few months. Because of the impact of COVID-19 on the global economy, the gold-oil ratio has reached the highest...

While we are at the midpoint of the year, we'd like to take a moment to reflect on our writings. Inflation has been a hot topic this year and we’ve enjoyed sharing our views on how the Fed may be...

We may be near the end of the twelve-year bear market in natural gas. Although we have mostly stayed away from natural gas stocks over the last several years, we continue to follow the market...

The Managing Partners here at Goehring & Rozencwajg have historically been relied on to provide perspective on an array of natural resource-related topics. For your reading interest, below is a list...

During a recent client call, this question on inflation was posed to G&R Managing Partner Adam Rozencwajg, CFA: “Over the past 40 or so years, we've been in a period of declining real interest rates....

“If production were to average 80.5 mm b/d, then global inventories would go from ‘full’ to 15-year low levels in only two months.” Image Source: desmogblog.com In recent blogs we’ve been...

“In the history of crude oil, nothing can compare to the past two months." Goehring & Rozencwajg managing partner Adam Rozencwajg recently joined Financial Sense (FS) Senior Editor Cris Sheridan...

“According to the EIA weekly inventory figures, US production has fallen by nearly 1 mm b/d or 7% in only five weeks – the second-sharpest decline in US production ever outside of hurricane-related...

We first discussed lithium-ion batteries in our Q1 2018 letter, Déjà Vu: A History and Study of Electric Vehicles and the Oil Market Today. In that essay, we compared the total energy consumed by an...

Oil prices have joined bond yields in doing the unthinkable: trading at negative levels. In the case of oil, the West Texas Intermediate (WTI) May 2020 contract reached a low of -$40.32 at 2:24 pm on...