yeah I'm happy to concede Rmbwill increase in importance just don't buy any conection to the confiscation and just so far behind the US$ at preent I can't see any big change happening in a hurry .
I reported 3% , what if it's gone up to 5% say since recent changes (Brazil Saudi ) , no big deal . I'm happy to sit and observe but this is being way way overhyped by US haters at present . Wishing for something doesn't make it true - $us is still fiat and by a big margin .
NATO nations alone make up 45% of the world seconomy , trading in $'s and Euro's Japan , S Korea , Japan , Oz etc etc will continue to do a portion of trade in US$'s