The Slow (But Inevitable) Demise Of The US Dollar

The Slow (But Inevitable) Demise Of The US Dollar (ZeroHedge, Jan 6, 2014):

Nothing lasts forever (as we’ve shown before)except perhaps gold as a store of value it would appear.

Reserve Currency Status

Central banks around the world are increasingly diversifying their currency reserves away from the US Dollar. Even as overall holdings soar to a record $11.4 trillion, the US Dollar accounted for 61.44% (down from well over 65% at the peak of the crisis in 2008). With China outspokenly concerned at the US Dollar’s future status, we suspect this will only become more ‘diversified’.

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