Is this the end of the U.S. dollar hegemony? It was only a matter of time anyway before the rest of the world saw through the fraud that is known as the greenback.
According to the latest data from the International Monetary Fund (IMF), the dollar’s share of global currency reserves declined in the first quarter of 2018 to a new four-year low. Meanwhile, a bunch of other currencies saw their shares of reserves climb, including the British pound-sterling, euro, and the yuan.
Currency reserves maintained in U.S. dollars tumbled for the fifth consecutive quarter during the January-to-March period. The buck accounted for 62.48 percent of reserves, followed by the euro with 20.39 percent.
The Japanese Yen sat at third with 4.81 percent. The sterling moved up to fourth with 4.68 percent. The Chinese yuan rose for the third consecutive quarter to 1.39 percent.
Still, the greenback was the top currency, but it is beginning to fall.
The most important thing to remember is that fiat (false) currency never has real value (as long as you believe the propaganda).
This news is just another sign post of the coming future: economic collapse.
Gold and silver will always have value and if you are informed enough, you will get some, and hold it.