Adam Rozencwajg

Adam Rozencwajg, co-founder of Goehring & Rozencwajg, and Django Davidson, founding partner of Hosking Partners, dive into deep value investing in materials and commodities. They discuss integrating real option value and Bayesian thinking into investment strategies. The conversation highlights the importance of commodities in the electric vehicle landscape and the cyclical nature of markets. Special focus is placed on inventory analysis, particularly in the uranium sector, and the complexities of the Platinum Group Metals industry.

Adam Rozencwajg, a seasoned natural resources and commodities investor, brings profound insights into the current economic landscape. He discusses the hidden fractures in monetary systems and the potential resurgence of inflation. The conversation explores the decline of US shale and Venezuela's untapped oil reserves. Adam highlights why commodities, particularly oil and metals, remain undervalued despite geopolitical pressures. Additionally, he unpacks the cyclical nature of markets and the looming risks of debt monetization.

Adam Rozencwajg from Goehring & Rozencwaj discusses energy markets and precious metals on the podcast. They delve into the evolution of US natural gas market, US oil production data discrepancies, challenges in energy and gold markets, risk hedging strategies, market analysis, and speculation.

Adam Rozencwajg, an expert in natural resources and global macroeconomics, joins Cem Karsan for a deep dive into the urgent shifts in commodity markets. They discuss tightening supply constraints in oil and gas, emphasizing the coming months as pivotal for investors. The conversation also tackles the impact of geopolitical factors on energy security and global power dynamics, including the strategic importance of rare earth metals and the debates surrounding gold and Bitcoin as stores of value in these turbulent times.

Today, we welcome back Adam Rozencwajg, Managing Partner at Goehring & Rozencwajg, to help us understand the global energy crisis and how we ended up in this situation. We discuss the outlook of the coming months and why we are in the beginning of a commodity super cycle, how the supply and demand side of the economy functions and what role the Strategic Petroleum Reserve (SPR) plays in a global energy crisis. We also discuss the different types of energy commodities, how convergence will affect the energy market and how to take advantage of it, the history of energy and the importance of ensuring a continuous abundance of efficient energy, how nuclear power can be a viable solution to the energy crisis and much more.-----50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HERE-----Follow Niels on Twitter, LinkedIn, YouTube or via the TTU website.IT’s TRUE ? – most CIO’s read 50+ books each year – get your FREE copy of the Ultimate Guide to the Best Investment Books ever written here.And you can get a free copy of my latest book “Ten Reasons to Add Trend Following to Your Portfolio” here.Learn more about the Trend Barometer here.Send your questions to info@toptradersunplugged.comAnd please share this episode with a like-minded friend and leave an honest Rating & Review on iTunes or Spotify so more people can discover the podcast.Follow Cem on Twitter.Follow Adam on Twitter.Episode TimeStamps: 00:00 - Intro02:01 - Heading into the winter10:42 - Flood the market with oil...a good idea?14:50 - Understanding the supply side29:30 - Venezuela - A hot spot?33:21 - Is the SPR in trouble?40:12 - The role of the different energy commodities42:51 - Why convergence and how to take advantage of it51:56 - The end of energy abundance59:57 - Is nuclear the future?01:05:18 - Thanks for listeningCopyright © 2025 – CMC AG – All Rights Reserved----PLUS: Whenever you're ready... here are 3 ways I can help you in your investment Journey:1. eBooks that cover key topics that you need to know about In my eBooks, I put together some key discoveries and things I have learnt during the more than 3 decades I have worked in the Trend Following industry, which I hope you will find useful. Click Here2. Daily Trend Barometer and Market Score One of the things I’m really proud of, is the fact that I have managed to published the Trend Barometer and Market Score each day for more than a decade...as these tools are really good at describing the environment for trend following managers as well as giving insights into the general positioning of a trend following strategy! Click Here3. Other Resources that can help youAnd if you are hungry for more useful resources from the trend following world...check out some precious resources that I have found over the years to be really valuable. Click HerePrivacy PolicyDisclaimer