đš Rubio: Dollar Dominance Near a Turning Point
Sen. Marco Rubio warned the U.S. could lose its ability to effectively enforce sanctions through the dollar system within five years.
Thatâs not about a dollar collapse.
Itâs about reduced financial leverage.
đ” Why It Matters
The dollar underpins:
âą Global trade settlement
âą Commodity pricing (oil, metals)
âą FX reserves (~60%)
âą Sanctions enforcement
Control the currency â control access to liquidity.
đ Whatâs Changing?
âą BRICS pushing local-currency trade
âą China expanding CIPS payment system
âą Central banks buying record amounts of gold
âą Countries building sanction workarounds
This is gradual erosion â not overnight replacement.
đ Market Angle
If de-dollarization accelerates:
âą Gold demand stays strong
âą Non-USD trade corridors grow
âą Sanction power weakens
âą Treasury demand dynamics shift
The dollar isnât dying.
But the system is becoming more multipolar.
And markets price structural shifts early.