Ann: Mt Clement Update and Regional Consolidation, page-46

Exactly, the USD will remain the reserve currency. No one else will or wants to take that title.

What countries are moving away from is US treasuries as the global reserve asset AND THAT'S WHERE GOLD WILL PLAY A BIGGER ROLE.

Can't print gold, as there is a time and energy component that holds it's value with gold.

After all gold is equivalent to a bond of infinite duration and whilst it may not pay interest on that bond, it's maintaining purchasing power in a world of negative real rates.

Those USTs and their face value interest component is actually negative in an inflationary environment.

Countries are done giving away real commodities/energy for bits of paper yielding a negative real rate. That is why they are moving to gold instead of US treasuries as a reserve asset.

The USD as reserve currency is a totally different thing, it's not going anywhere in the immediate term.