USD hegemony is what the current Syrian conflict is all about.
The US must continue to "conquer" the world with its dollars or the currency will evaporate. Eventually, the US will run out of things to conquer and that will be the bug that then meets the windscreen.
but, for now, it's same song second verse.
the metals are queer little birds. most of the time defying current thinking. the only way to trade them is with a long term view. Traders generally get pounded given enough time with these things.
The Congress has rolled over and allowed the Executive branch to "dictate." Now, it is being put on the spot, having to become responsible for its actions. The Congress must now have its votes "on the record" and the members are in quite the tizzy. It will now be held accountable. That is generally bad news for DC.
but, it has all happened before and will again.
icd