(Kitco News) – As the Trump administration continues to attack the independence of the U.S. Federal Reserve, and as tariff-driven inflation works its way through the U.S. economy, financial markets are showing signs that they believe the stagflation threat is real – a development that could usher in a new era of fiscal dominance that sees gold replace the greenback as the premiere store of value, according to Paul Wong, market strategist at Sprott Asset Management.
