Activist Lina Soo advocates gold as legal tender to secure Sarawak’s economy

Soo presents her latest e-book during a press conference held at a hotel in Kuching on Sept 24, 2024.

By Ashley Sim

KUCHING, Sept 24: Author and activist Lina Soo has urged the Sarawak government to pass a law in the Sarawak State Legislative Assembly (DUN) that would recognise gold as legal tender.

Soo made the call during the launch of her new e-book, ‘Gold Is Not Sexy’, where she emphasised the importance of gold in ensuring financial autonomy for Sarawak.

“I call upon our Sarawak lawmakers to pass a law in DUN for gold to be accepted as legal tender.

“Instead of waiting for the day when we can have our Sarawak currency, we can legitimise gold now as legal tender through a Sarawak Gold Bullion or Specie Legal Tender Act,” she told reporters during a press conference held today at a local hotel here.

“Gold as legal tender provides a financial platform that operates within regulatory compliance while maintaining independence from the traditional financial system.

“This offers our government and Sarawakians a stable and reliable form of currency that safeguards against inflation and underscores the practicality and potential to revolutionise how we think about and use money, ensuring a future where Sarawak’s economic security and financial independence can prevail,” she claimed.

The book, comprising 11 chapters, covers the history of gold, its properties, and its role in the international monetary system. — DayakDaily