---
title: "The Macro Tourist and G&R: What if China Rolls Over?"
description: Contrarian value investors at Goehring & Rozencwajg, specialists in commodity and natural resource investing, mentioned in The Macro Tourist blog.
image: https://blog.gorozen.com/hubfs/Blog%20Images/The-Macro-Tourist-LinkedIn.png
---

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## The Macro Tourist and G&R: What if China Rolls Over?

05/14/2018

A few months ago, **[Kevin Muir](https://twitter.com/kevinmuir?lang=en)** of **[East West Investment Management](http://eastwestfunds.com/)**, posted a blog that highlighted some of our research. We appreciated the shout out as well as the mention of an interview that **[Leigh Goehring](http://gorozen.com/firm/team)** conducted with Jim Grant on Real Vision Television. Not to mention that the topic explored by Muir is an important one to us as well – **What if China rolls over?**

 

We contacted East West Investment Management for their permission to repost **[this blog](https://www.themacrotourist.com/posts/2018/03/09/japancommodity/)** and encourage our followers to read more! Thank you to Kevin Muir, East West Investment Management and **[The Macro Tourist](https://www.themacrotourist.com/)**.

 

![the macro tourist](https://blog.gorozen.com/hs-fs/hubfs/Blog%20Images/the%20macro%20tourist.png?width=658&height=242&name=the%20macro%20tourist.png)

 

**Excerpt from The Macro Tourist Blog**

Every now and then I stumble across a new source of information that I can’t wait to share with my readers. Today is one of those days. If you have even the tiniest shred of interest in commodities, then head over to the **[Goehring & Rozencwajg website](http://www.gorozen.com)** immediately. It’s just terrific stuff.

 

I must admit to being partial to their bullish commodity story, but in a recent **[RealVision TV](https://www.realvision.com/)** interview, Leigh Goehring solved a problem that I have wrestled with for some time.

…

 

I have always struggled with being long commodities in the face of a potential China credit implosion. After all, China is the world’s largest importer and user of commodities, a slowdown would be catastrophic for commodities, right?

 

Not so fast. As Leigh Goehring so aptly notes, a great analogy for a potential China credit crisis would be the Japanese credit collapse of 1990…

 

To continue reading this article, please visit **[The Macro Tourist](https://www.themacrotourist.com/posts/2018/03/09/japancommodity/)**.

 

 

*If you have any thoughts or questions on anything related to commodities, please share your comments below. We welcome the dialogue!*

 

[![GRA Natural Resource Market Commentary ](https://no-cache.hubspot.com/cta/default/4043042/9fc66da2-69ae-492f-94dd-c74eb4a71c06.png)](https://cta-redirect.hubspot.com/cta/redirect/4043042/9fc66da2-69ae-492f-94dd-c74eb4a71c06)

 

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