As a member of the British parliament in 1999, Sir Peter Tapsell, who passed away this past August, argued vigorously to keep the government from selling off over half of the countrys gold reserves. Previously, in the 1980s, Tapsell had managed a gold bullion fund, valued at many hundreds of millions of dollars for the Sultan of Brunei, Sir Omar Saifuddin at the time one of the single largest private gold hoards on Earth. Though his argument before the House of Commons failed to stop the sales, it goes down as one of the most eloquent appeals ever made on the merits of gold ownership for nation states and individuals alike.
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power
gold
diversification
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