Surely in a period of hyper inflation (if it were to transpire that is), commodities linked to an energy transition (which is well under way), would do quite well?
Hyper inflation or not hyperinflation climate change is not slowing down - its pace is increasing with no part of the world immune from its impact. Governments around the world will be moving quickly (with the exception of the middle east and some bible states).
Not to mention the technology transition that has huge implications for a countries defence- the US can't simply allow China to stride along on battery technology whilst being left behind. Just look at the amount of drones being used in Ukraine all powered by lithium batteries with virtually no sound, no engine and no lives put at risk. For defence reason alone the US are going to go big on battery technology and associated commodities.
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