On 27th August 2009 I wrote an article, “An Appeal To Malaysia’s Prime Minister Cum Finance Minister – Re-Examine the Country’s Strategy For Foreign Reserves”, to urge our Prime Minister to examine the critical need to diversify our foreign reserves, specifically to increase our holdings of gold.
My call was unheeded.
I drew the attention of our Prime Minister to the 14th August 2009 Central Banks Gold Agreement (CBGA) specifically:
“Gold will remain an important element of global monetary reserves.”
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