Both China and Russia know it and are using gold as the dollar’s Achilles heel to eliminate this “exorbitant privilege” of the dollar in the international monetary system by using the IMF and its SDR (originally, in 1969, the SDR was valued in gold – 35SDRs = 1oz of gold). China and Russia are not interested just to play second fiddle to the U.S. in the international monetary system. They want at least equal status.