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JPMorgan Chase CEO Diamond Talks about the US Dollar's Reserve Currency Status: If three or four decades from now, the United States no longer has the world's top military and economic power, the dollar will not be able to maintain its status as the number one reserve currency. Let's consider a simple question: if all your funds can only be invested in one country, where would you choose? The answer is obvious, there is only one choice. Someone told me that they are taking the gold stored in US vaults out, just because they are dissatisfied with the US. I responded at the time, "that doesn't matter, but there are three armies ready to take away your gold right now". This is the real world. Many people forget that the world is full of games and cruelty.