With the global economic recession on the cards, GOLD is the only option left for the countries to safeguard their assets. USD also faces drawbacks and challenges. Governments are decreasing their dependence on USD and looking to trade in their currencies. This will have an impact on the dollar's monopoly. Looking at USA's recent banking crisis, which is far from over, one thing is self-evident, US rule is coming to an end in the near future.
BRICS is about to launch its currency for trading and Arabs are doing trade agreements in Yuan along with India and Russia, things are looking ugly for USD, especially "petrodollars". A few countries started to increase their reserves of Yuan and are dumping dollars. Global power dynamics are about to change. A new world order is approaching, and I think China will be at the center of this.
Gradually the value of the dollar will continue to decline, keeping in mind the financial system of the dollar anyone can see its expiration date, we just have to watch a little longer. Especially when the US issued a money printing law at that time which was no longer backed by gold. Meanwhile, the US is demanding that other countries implement rules they can control. The saturation point of China, Middle Eastern countries, India, Brazil and Russia is moving in a more reasonable direction. Subvert the dollar system by launching a new payment system. Even though it is profitable for China, at least the countries are satisfied and able to maintain bilateral trade results between each other with the system that has been implemented, rather than relying on the US financial system.