American Bullion Warns That De-Dollarization Concerns Are Taking Investor Eyes Off the Ball

China is the biggest foreign holder of U.S. debt, in the form of U.S. treasury notes. A title it took back from Japan, in August of last year. No doubt they would eventually love for the Yuan to become the exclusive Global Reserve Currency. No doubt they are tired of watching the U.S. beat their chest and rattle their saber, while wildly brandishing the dollar, which has become the globally visible lynchpin of U.S. hegemony. Combined with the new administration's 24/7 monetary printing press, wall-building isolationism, and hardball trade stances, it's easy for other countries to get angry and emotional. But anger and emotion are not effective or useful tools in business. For a great number of reasons, there is little doubt that China, Russia, and Iran at the very least, would love to see the reduction or outright replacement of the dollar as the world's premier Global Reserve Currency. Anger with the U.S. among these nations is high, the Shanghai Energy Exchange has managed to circumvent the "dollars for oil" status quo, and the Russian sale of the S-400 missile system to Saudi Arabia virtually cancelled the Kissinger/Faisal agreement made back in the 70's. All of these are very real facts, but what most investors fail to realize is the fact that it took many years to wind ourselves into this global position and therefore it will take many years to unwind the situation.