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Peak Prosperity

Adam Rozencwajg: Inflation Will Come Roaring Back, Gold’s Tale, and Shale Oil’s Long Goodbye

Peak Prosperity

Chris Martenson

Government, Investing, Business

4.7591 Ratings

🗓️ 18 October 2025

⏱️ 73 minutes

🧾️ Download transcript

Summary

Gold is being remonetized, Western nations are broke and set to resume money printing, and the US is ignoring the fact that its shale oil basins are now all in decline, except for one, and that one is barely hanging onto ‘growth’ due to just four counties. It’s a perfect storm formed by geological realities and financial narratives that might as well be Fairy Tales.

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Transcript

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0:00.0

Nothing in this program should be considered investment advice.

0:03.2

It is for educational purposes only.

0:05.3

Please hit pause and read this disclaimer in full.

0:10.9

We used to run the economy with less money and credit for every dollar of GDP required substantially less money and credit.

0:18.2

Now it just takes a lot.

0:19.7

That can't be good for anybody.

0:21.1

And I think gold's waking up and telling you that, finally.

0:25.1

The following is the audio version of a video released at peak prosperity.com.

0:30.9

Visit peakprosperity.com to watch the video and to find other insightful content,

0:35.5

such as articles, discussion forums, and exclusive

0:38.7

subscriber-only content.

0:48.5

Welcome, everybody, to this episode of Finance You.

0:51.2

I'm your host, Chris Martinson, and we're going to have a very special

0:54.4

update here. As you know, we've been doing quarterly updates with Adam Rosenschwag of Garing and Rosenzschwe. We're going to be talking about this. We're going to be talking about the return of inflation, what? And shale oil's long goodbye with Adam. Hey, Adam, so good to see you again. Great to see you, Chris. Nice to be talking to you again.

1:13.7

Likewise. So we. Nice to be talking

1:12.5

you again. Likewise. So we're going to be discussing this, which every quarter, the quarterly

1:18.0

reports out of your firm, Gering and Roshen, Swag, everybody should be reading this. Absolutely.

1:22.9

This one came out in the August 25th issue here, 2025. The next inflationary surge is about to begin,

1:29.7

but I think you buried the lead a little bit because you were talking about shale oil and all

1:34.2

of that too. But I want to start here. You start, you open this piece with, quote, we are

1:38.8

firmly in the camp that believes the great disinflationary arc, which began in the stern days of Paul Volcker's Fed,

1:46.2

has run its course. The era of falling yields and fading price pressures is over in its place.

...

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