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![LukeGromen Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::2936015319.png) Luke Gromen [@LukeGromen](/creator/twitter/LukeGromen) on x 342.9K followers
Created: 2025-07-14 14:12:07 UTC

China's record $990B trade surplus in 2024 would have been a flat balance of trade if China's 2024 gold imports (1,384t) were valued at ~$22,000/oz.

IE - the issue isn't China's trade imbalance w/the world, the issue is the USD is wildly overvalued v. gold.

Gold balances trade.

![](https://pbs.twimg.com/media/Gv0tHwFW4AAapAo.png)

XXXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1944761834671587789/c:line.svg)

**Related Topics**
[united states dollar](/topic/united-states-dollar)
[$22000oz](/topic/$22000oz)
[government spending](/topic/government-spending)
[$990b](/topic/$990b)

[Post Link](https://x.com/LukeGromen/status/1944761834671587789)

[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]

LukeGromen Avatar Luke Gromen @LukeGromen on x 342.9K followers Created: 2025-07-14 14:12:07 UTC

China's record $990B trade surplus in 2024 would have been a flat balance of trade if China's 2024 gold imports (1,384t) were valued at ~$22,000/oz.

IE - the issue isn't China's trade imbalance w/the world, the issue is the USD is wildly overvalued v. gold.

Gold balances trade.

XXXXXX engagements

Engagements Line Chart

Related Topics united states dollar $22000oz government spending $990b

Post Link

post/tweet::1944761834671587789
/post/tweet::1944761834671587789