Ann: Australian Gold Conference Presentation, page-4

Of a more general nature that goes to gold's ongoing relevance as a commodity hedge against inflation....

In today's AFR (Chanticleer section), I note that the Future Fund's CEO made the following comment (emphasis added):

“We’ve actually made $30 billion worth of changes to the portfolio since 2020 to reposition it for this more inflationary, more volatile world.” Many of those changes are about seeking out inflation hedges. The fund has added gold and other commodities to the portfolio, while the deals to take stakes in Telstra’s mobile phone towers and the Australian assets of Tilt Renewables came with inflation-linked contracts.