Copper has an increasing industrial demand largely driven by...

Copper has an increasing industrial demand largely driven by China.. However, one thing I have not heard mentioned directly is how copper also serves as a gold-like hedge. If I recall correctly, copper coins were made historically when there was not enough gold and silver coins. So as the USA continue to debase and inflate their dollar by printing more money, the price of copper should continue to go up. Of course, if China do well and keep increasing their industrial demand, this only helps the price of copper too. China only have gold reserves to back ~1% of their currency. Two old foxes Jim Rogers and George Soros are very bullish on copper, with Rogers going as far to say he's rarely seen an each way bet in his life re: commodities. The other, Soros, holds nearly a 20% stake in this company.