Dollar-dropping trade agreements are increasingly popping up, affecting bilateral trade agreements in South (1) and East Asia (2), South America (3), Africa (4), the Middle East (5), India (6), Russia (7), and China (8).
Meanwhile, gold demand continues to flourish (9) as more central banks jump on the bandwagon (10).
The two main holders of US debt, China and Japan, are cutting their holdings (11), a move which could dampen the manufacturing boom in America (12), and bring about the final demise of the US dollar as the world reserve currency (13), and push nations back towards a gold standard (14).
Russia looks to eliminate US dollar from trade with African countries – official
Turkey Seeks to Trade in National Currencies With Russia, China, Iran
India to switch from dollar to rupee to pay for Iranian oil
Russia and China ditching dollar for national currencies payment system to avoid sanctions