RJ - the vice grip of China and Russia on the US starts Aug2017, ie the 3rd quarter.
Darn it!
It's not till then that China's international physical gold exchange
will be in place to decimate the essentially paper gold exchanges
of US's COMEX and Britain's LBMA.
No wonder the US is going crazy with all the wars planned around
the world (Ukraine, Syria, China and North Korea) to cover up its
loss of leadership role in the world.
All the US has left is its military power and that will go, after it can't
afford that part of the budget too.
In jan 2017 China reported it was planning the rollout of the
CNH and USD trading platform of real physical gold for the
world, unlike the COMEX's and LBMA's paper gold markets.
https://www.platts.com/latest-news/metals/hongkong/hkex-preparing-first-gold-futures-contracts-in-26643334 Now it's reporting it will be in place in Aug or 3rd quarter, gotten
from a different article that actually mentions that rollout time.
From
https://www.hkex.com.hk/eng/newsconsul/hkexnews/2017/1705052news.htm "in the third quarter of this year, subject to regulatory approval"
Therefore, after that,
Russia in Syria is stopping the US's dollar link to oil prices
and hence ending the US's world currency role from that oil
angle.
China in its Hong Kong's international physical gold exchange
will be stopping the US's dollar link to gold prices, and hence
also ending the US's world currency role, from the gold angle.