There's that and what if the USD is debased?
The reason why people are buying gold like anything. There's so much debt around most countries (including Australia) are trying to inflate themselves out of it.
It goes to the core of the problem, at present assets are inflating in price but labour isn't priced that highly (two different rates of inflation). AI will probably bring the divergence to ahead.
I do think copper is a good hedge and the relationship between copper and the age pension is something I wanted to write a small paper on having qualifications in both fields. Then again none gave a FFF when I noted/ touched on Chalmers's tricks in the budget so why bother?
All IMVHO.
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