--- title: Top Three Blog Posts of 2020 description: Goehring & Rozencwajg share their top-three blogs of 2020 including a potential new era of inflation and the historic relationship between gold and oil prices. image: https://blog.gorozen.com/hubfs/Blog%20Images/2020.12%20GR%20Top%203%20Blog%20Posts%20LinkedIn.png --- [![GoRozen logo](https://blog.gorozen.com/hs-fs/hubfs/Gorozen_July2023/images/629a25c15755c930be0d624f_GoRozen-logo-horizontal-web.png?width=444&height=79&name=629a25c15755c930be0d624f_GoRozen-logo-horizontal-web.png "GoRozen logo")](https://www.gorozen.com/) - FIRM - [HOME](https://www.gorozen.com/) - [ABOUT](https://www.gorozen.com/about) - [TEAM](https://www.gorozen.com/team) - CONTENT - [COMMENTARIES](https://www.gorozen.com/commentaries) - [BLOG](https://blog.gorozen.com/blog) - [PODCASTS](https://www.gorozen.com/podcasts) - HOW TO INVEST - [MUTUAL FUND](https://www.gorozen.com/gr-funds) - [CONFERENCE](https://conference.gorozen.com/) - [CONTACT](https://www.gorozen.com/contact) [access latest research](https://www.gorozen.com/commentaries) ![Banner](https://blog.gorozen.com/hubfs/Gorozen_July2023/images/post-image.webp) ## Top Three Blog Posts of 2020 01/06/2021 A return of inflation could wreak havoc on many investors’ portfolios, especially those heavy in fixed-income securities. In 2020 we wrote extensively on how the Fed’s actions and the CARES Act may have set the stage for such a resurgence of inflation. Two of our top-three blogs of 2020 hit this subject, while the third examined the historic relationship between gold and oil prices. Explore these popular blogs below.   --- ## We Are Entering Into A New Era Of Inflation. Are You Prepared? [![Commodity-Price-Index---DJIA](https://blog.gorozen.com/hs-fs/hubfs/Blog%20Images/Commodity-Price-Index---DJIA.png?width=180&name=Commodity-Price-Index---DJIA.png)](https://blog.gorozen.com/blog/we-are-entering-into-a-new-era-of-inflation-are-you-prepared)Last April, Bloomberg BusinessWeek ran a cover story entitled “Is Inflation Dead?” We immediately thought back to the infamous 1979 BusinessWeek cover “The Death of Equities,” written less than three years before the start of the greatest bull market of all time. We wondered whether this new cover would be equally as prescient in bringing inflation back as the major theme of the coming decade. After the events of last week, the answer appears to be a resounding “yes.” **[Continue Reading \>](https://blog.gorozen.com/blog/we-are-entering-into-a-new-era-of-inflation-are-you-prepared)**   --- ## Are We Entering a New Paradigm of Inflation? [![G&R-Blog-207-Linkedin](https://blog.gorozen.com/hs-fs/hubfs/Blog%20Images/G%26R-Blog-207-Linkedin.png?width=180&name=G%26R-Blog-207-Linkedin.png)](https://blog.gorozen.com/blog/are-we-entering-a-new-paradigm-of-inflation) 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. And part of that has to do with inflation. Can you just talk about your firm's views on inflation, and is there anything that you think needs to change? Is there a change in the mindset or specific catalysts you're seeing to indicate we may be entering a new paradigm of inflation?” **[Continue Reading \>](https://blog.gorozen.com/blog/are-we-entering-a-new-paradigm-of-inflation)**   --- ## The Gold-Oil Ratio Revisited [![2020-Chart-Blog-208-LinkedIn](https://blog.gorozen.com/hs-fs/hubfs/Blog%20Images/2020-Chart-Blog-208-LinkedIn.png?width=180&name=2020-Chart-Blog-208-LinkedIn.png)](https://blog.gorozen.com/blog/the-gold-oil-ratio-revisited)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 levels in history. For example, on April 20th 2020, an ounce of gold purchases over 400 barrels of oil – ten times the previous records reached in the depths of the Great Depression in 1933 and nine times the level reached during the panic lows of early 2016. **[Continue Reading \>](https://blog.gorozen.com/blog/the-gold-oil-ratio-revisited)**   ---   [![Nov. 2020 Call Replay: Is Now the Time to Invest in Natural Resources? ](https://no-cache.hubspot.com/cta/default/4043042/da5366cd-f9d4-4d9e-bc74-e6190afc6dcf.png)](https://cta-redirect.hubspot.com/cta/redirect/4043042/da5366cd-f9d4-4d9e-bc74-e6190afc6dcf) [Back](https://blog.gorozen.com/blog) ### Stay informed with Natural Resource Market Insights ### Recent Posts Goehring & Rozencwajg Associates, LLC. The information provided on this website is intended to provide the investor with an introduction to Goehring & Rozencwajg Associates, LLC. Nothing on this website should be construed as a solicitation offer, or recommendation to buy or sell any security or as an offer to provide advisory services. Information on this website is intended only for United States citizens and residents. Nothing contained on this website constitutes investment, legal, tax, or other advice nor should be relied upon in making an investment or other decision. Investors should always obtain and read an up-to-date investment services description or prospectus before deciding whether to appoint an investment advisor or to invest in a fund. This material may include estimates, outlooks, projections and other “forward-looking statements.” Due to a variety of factors, actual events or market behavior may differ significantly from any views expressed. Investing entails risks, including possible loss of principal. Investments concentrated in natural resources involve a higher degree of risk than more diversified strategies. **Past performance is no guarantee of future results.** Investment process, strategies, philosophies, portfolio composition and allocations, security selection criteria and other parameters are current as of the date indicated and are subject to change without prior notice. Neither rankings nor recognitions by unaffiliated rating services, publications, media, or other organizations, nor the achievement of any professional designation, certification, degree, or license, membership in any professional organization, or any amount of prior experience or success, should be construed by a client or prospective client as a guarantee that the client will experience a certain level of results if the investment professional or the investment professional’s firm is engaged, or continues to be engaged, to provide investment advisory services. A fee was not paid by either the investment professional or the investment professional’s firm to receive the ranking. The ranking is based upon specific criteria and methodology (see ranking criteria/methodology-to the extent applicable). No ranking or recognition should be construed as an endorsement by any past or current client of the investment professional or the investment professional’s firm. Certain links may let you leave the Adviser’s website. The linked websites are not under the control of the Adviser, and we are not responsible for the content of any linked website, or any link contained in a linked website, or any changes or updates to such websites. Adviser is providing these links to you only as a convenience, and the inclusion of any link does not imply endorsement, investigation, verification or monitoring by us of such third-party website. Any references to outside data, opinions or content are listed for informational purposes only and have not been verified for accuracy by the Adviser.  Third-party views, opinions or forecasts do not necessarily reflect those of the Adviser or its employees. Unless stated otherwise, any mention of specific securities or investments is for illustrative purposes only. Adviser's clients may or may not hold the securities discussed in theri portfolios. Adviser makes no representations that any of the securities discussed have been or will be profitable. - [ADV Part 3 - Form CRS](https://blog.gorozen.com/hubfs/Compliance%20Files/Goehring%20%26%20Rozencwajg%20Associates%20CRS%20Form%20ADV%20Part%203.pdf) - [Cookie Policy](https://blog.gorozen.com/hubfs/Compliance%20Files/G%26R%20Cookie%20Policy.pdf) - [Privacy Policy](https://blog.gorozen.com/hubfs/Compliance%20Files/G%26R%20Website%20Privacy%20Policy.pdf) Goehring & Rozencwajg Associates LLC © 2023 ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Goehring & Rozencwajg Team", "url" : "https://blog.gorozen.com/blog/author/goehring-rozencwajg-team" }, "dateModified" : "2021-01-06T20:48:49.519Z", "datePublished" : "2021-01-06T20:48:49.000Z", "headline" : "Top Three Blog Posts of 2020", "image" : [ "https://blog.gorozen.com/hubfs/Blog%20Images/2020.12%20GR%20Top%203%20Blog%20Posts%20LinkedIn.png" ], "mainEntityOfPage" : { "@id" : "https://blog.gorozen.com/blog/top-three-blog-posts-of-2020", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://blog.gorozen.com/hubfs/Logos/GoRozen-logo-web.png" }, "name" : "Goehring & Rozencwajg" } } ```