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Gold Exports, Trade Deficits, and Tariffs
Episode 535

Gold Exports, Trade Deficits, and Tariffs

Mises Media · Mises Institute

January 24, 2026

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Show Notes

Bob responds to James Rickards’ recent tweet on record U.S. gold exports driving an improved trade balance, walking through the official data on non-monetary gold, Trump-era tariff uncertainty, and the broader question of what chronic trade deficits really mean in a post-gold-standard world. 

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Topics

Global EconomyGold StandardMoney and Banks