teh pic of your bike shows definat water damage from being left in the rain too long or eaven near salt water.
By the way Aluminion does not ""rust"" it only corrodes, but in doing so can weaken right through, not just the surface.
I suggest, if the wallet allows it, to get a profesional job done and have the items polished then anodised. you can add good custom look to your bike, and a surface that will out last any laquer crap on the market.
Anodising can be done in nearly any colour you want, just costs.
But yeah
Alloy corrosion due to excessive exposure to water and or salty conditions can end up turning your alloy into a white powder, a more dangeous situation than rust, as the corossion goes right through the item, not just on the surface.
To be old and wise, first you must be young and stupid.
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