If China's record 2024 trade surplus of $990 billion were settled by gold at $22,000/oz, and China imported 1,384 tons of gold in 2024, then gold at $22,000/oz would have balanced China's trade—meaning Western complaints about China's trade surplus reflect currency misvaluation, not unfair trade.
factualpending
Speaker
Luke GrmanEvidence Quote
“if you just look at China's record trade surplus in 2024 of I believe $990 billion and you look at China's gold imports which I think were 1,384 tons in 2024. Um if you valued gold at $22,000 an ounce, it would have b balanced China's trade.”
Created: 8/11/2026, 7:37:17 AM
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