Beginning of the end of the Petrodollar?
http://seekingalpha.com/article/1862851-overlooked-news-out-of-china-a-…
Thoughts on this article?
"It's important to note that China is already moving to buy all of its oil in yuan. So far, Russia, Iran and the UAE transact in yuan, while others have the option and await an opening. The new exchange will facilitate that. But as Libya's Gadhafi found out, putting forth a challenge (Gadhafi's Gold-money Plan Would Have Devastated Dollar) to the Petrodollar regime will end your life like some scene out of Beatlejuice."
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