Saying the OP doesn't 'not constitute proof' is mealy mouthed way of avoiding saying: It hasn't happened. At all. Also no it really wouldn't. It wouldn't threaten the dollar as the global reserve currency, it would be highly impractical for Russia, and far more damaging to them than to us. I once again *Yawn*.
Wrong as usual. I'll attach a link and a few quotes to attempt to clean your totally corrupt pool of misinformation, disinformation, illusion, dishonesty, and deceit. Try not to get any on ya'.
Daily Pfennig: The Ghost of John Connally | Kitco Commentary
"Earlier this week I told you about the rumor going around that someone's underground and, well, you know how that ends. But the rumor going around was that the new Shanghai Free Trade Zone was going to be moving to a convertible renminbi / yuan by this summer. Well, to follow that up, a dear reader sent me a note from Standard Chartered Bank, who says that "at least 40 Central Banks have invested in the yuan and several more are preparing to do so. The trend is occurring across both emerging markets and developed nation Central Banks diversifying into "other currencies" Perhaps most ominously, for king dollar, is the former IMF manager's warning that, "The yuan may become a de facto reserve currency before it's fully convertible".
WOW! Now, I've always thought that to be a reserve currency the currency had to be fully liquid, and held by all central banks to facilitate the terms of trade. But, think about what this guy had to say here for a minute. As long as China has the currency swap agreements in place with all the nations that they trade with, and some they don't trade with, and those countries hold renminbi / yuan as a reserve currency to facilitate the terms of trade, then who needs full convertibility to be a reserve currency? Apparently not the renminbi / yuan.
Do you remember when I first told you about the currency swap agreements that China was signing with countries that would remove the U.S. dollar from the terms of the transaction, and only used the currencies of the two countries making trade? I know that many people out in the world, not that many people read the Pfennig, but if anyone around the world had heard that China was signing currency swap agreements, they would have said, "who cares?" But not me! I saw then what China had up their sleeve. And I told you, dear reader, and anyone that would come to hear me talk at conferences, and now the Chinese plan is all coming together right before our very eyes."
"Russian state-controlled oil producer Gazprom Neft said it had received positive responses from Asian clients about the possibility of using euros as a settlement currency instead of the dollar.
Company head Alexander Dyukov said this week Gazprom Neft had broached the idea of dropping the dollar, traditionally the currency of choice for the global energy sector, in response to a possible new round of Western sanctions over Russia's annexation of Crimea.
He said the company had discussed with buyers the possibility of switching contracts to euros and that 95 percent had said they were ready to do it. Gazprom Neft ships around 30,000 barrels per day of oil eastward.
"Gazprom Neft has held discussions with its eastern partners about the possibility of completing settlements in the European currency. They, in turn, expressed their potential readiness for this," the oil arm of top Russian top natural gas producer Gazprom said in emailed comments on Thursday.
Three buyers in Japan and China said they had been approached by Gazprom to settle oil payments in currencies other than the dollar. Two of the buyers said they were still considering the proposal, while the third said his company had bought crude using euros before and did not see it as a problem." -Reuters"
