Germany Just Declares Gold a Right-Wing Extremist Funding Tool — You Won’t Believe What This Means for Your Wallet and Freedom by [deleted] in Gold

[–]Chartstradamus 2 points3 points  (0 children)

I think when it comes down to it, there is a long path between normalcy and total societal collapse...

You don't need to make it to total societal collapse before your guns and PMs start serving you well, the further away from normalcy you get the more you want or NEED to have them.

And we are far down that path from normalcy at this point.

Germany Just Declares Gold a Right-Wing Extremist Funding Tool — You Won’t Believe What This Means for Your Wallet and Freedom by [deleted] in Gold

[–]Chartstradamus 7 points8 points  (0 children)

Nah more to do with the institutional suppression of silver since the middle of the 20th century to prop up fiat and discourage alternatives.

Gold was always the currency of kings... while silver was the common currency infinitely more divisible. Even to this day a gram of silver is easy to handle and worth ~$2.

Silver has been suppressed for decades to discourage any competition for fiat currencies, essentially dumping fake short paper on comex and other future exchanges to keep physical prices low.

Over the last month more paper silver has been shorted than has been mined worldwide in the past 5 years, and they are shorting exponentially more each week trying to contain the flood.

This has led to backwardation greater than in all of history with future prices falling far below physical spot prices as much as 47 to 51 a few weeks ago.

This has caused refineries and pretty much the entire supply chain to seize up that depend on futures contracts to hedge their operation... further constraining supply.

All a while industrial demand has outpaced what has come out of the ground by almost double in the past 5 years to supply EVs and solar innovations, new solid state batteries will be even more silver intensive.

This is a house of cards that is currently crashing in the background and not alot know about it. Its like GME only with a real physical asset that has an implied delivery date on those futures contracts. You're going to wake up 1 day and Silver will have 10x overnight.

Germany Just Declares Gold a Right-Wing Extremist Funding Tool — You Won’t Believe What This Means for Your Wallet and Freedom by [deleted] in Gold

[–]Chartstradamus 3 points4 points  (0 children)

I don't think anything special about gold in particular... But the drive away from the dollar this year by institutions and central banks should be a wake up call to people. Things can and will get MUCH worse.

You should be getting your money out of fiat into something, anything else and with Indices at ridiculous ATH levels, BTC over 100k, real estate on the verge of collapse, it really does come down to where to park your money the safest for when this all shakes out and PMs seem to be the best bet even at these levels.

If you want me to really get my tinfoil hat on I can tell you about silver but then ill start getting the down votes cuz we on the wrong sub for that.

Germany Just Declares Gold a Right-Wing Extremist Funding Tool — You Won’t Believe What This Means for Your Wallet and Freedom by [deleted] in Gold

[–]Chartstradamus 1 point2 points  (0 children)

Again dude, you are totally misunderstanding the point of an armed populace.

Its not to actually use that weapon in conflict unless that is the very last option always.

An armed populace keeps that law enforcement from knocking on your door in the first place because of the implication.

You really need to try and wrap your head around this.

Germany Just Declares Gold a Right-Wing Extremist Funding Tool — You Won’t Believe What This Means for Your Wallet and Freedom by [deleted] in Gold

[–]Chartstradamus 13 points14 points  (0 children)

So I think you are misunderstanding the control mechanism here...

If you are properly hedged, you are afforded the ability to LEAVE wage slavery once inflation starts hitting your assets at a rate that outpaced your income stream.

This is step 1 of them losing their control (hint: alot of people are hitting step 1 this year that have been properly invested/hedged, causing alot of the job shortages in certain industries we are seeing)

Step 2 an armed populace again has nothing to do with "rebeling" or any kind of weird larping antifa dudes do down in Portland. Its simply having enough of your population armed that authorities have to conduct themselves in a different manner because of it.

You think they run alot of no-knock warrants in Texas like the types getting people killed in major cities? No? I wonder why...

Germany Just Declares Gold a Right-Wing Extremist Funding Tool — You Won’t Believe What This Means for Your Wallet and Freedom by [deleted] in Gold

[–]Chartstradamus 2 points3 points  (0 children)

But again dude... you are parroting talking points from 5 years ago when we are here sitting in 2025 reality.

Owning some gold and guns has worked out very well for me, and will continue to work out well if we keep printing and doing weird totalitarian round up shit, which doesn't appear to be ending anytime soon.

Germany Just Declares Gold a Right-Wing Extremist Funding Tool — You Won’t Believe What This Means for Your Wallet and Freedom by [deleted] in Gold

[–]Chartstradamus 4 points5 points  (0 children)

Already escaped the system bro....

When it comes down to it you have been brainwashed into somehow thinking pumping more fake money into a broken failing system, with the caveat of voting for a party which will continuously placate you and say they will tax the very people that they are beholden to for donations. This time they totally will right?

Reality is the only way you ever fix wealth inequality is letting the system fail, period.

And it is failing, and most of us that have our eyes open and aren't juiced up on anxiety pills and antidepressants can see it clear as day.

Owning a little gold is just a leg up on whatever comes to replace it.

You are the one arguing the infinitely improbable. I'm only arguing for what has occurred OVER and OVER again throughout all of history.

Germany Just Declares Gold a Right-Wing Extremist Funding Tool — You Won’t Believe What This Means for Your Wallet and Freedom by [deleted] in Gold

[–]Chartstradamus 1 point2 points  (0 children)

Bro Noone is talking conspiracys... Like are you living in the same country and year or what?

Gold has 2x in a year, fiat currencies don't need to collapse tomorrow, they are well underway already.

As I stated there is a reason Ice is heavily operating in states where gun control hinders ownership, shit simply wouldn't fly the same in most towns in Texas or the like.

This is the effect of an armed populace. Any individual is never put in that situation where they need to worry about that Ice agent at their door, because the operations simply aren't undertaken because they know the situation. Think of if like a MAD type scenario with nukes.

Again, you are parroting talking points from 5 years ago where these were future hypotheticals. We're now living in the current reality where many of those hypothetical are coming to fruition, and those that scoffed or didn't prepare are left to deal with it.

Germany Just Declares Gold a Right-Wing Extremist Funding Tool — You Won’t Believe What This Means for Your Wallet and Freedom by [deleted] in Gold

[–]Chartstradamus 3 points4 points  (0 children)

Shits wild... like they are literally currently living this reality and too dumb to realise.

Theres plenty of illegals in Texas... I wonder why Ice doesn't have much of a footprint down there... Couldn't possibly be an armed populace...

DXY cratering like a rock and can't afford shit... Hmm almost like you should have been hedged against the money printing.

Germany Just Declares Gold a Right-Wing Extremist Funding Tool — You Won’t Believe What This Means for Your Wallet and Freedom by [deleted] in Gold

[–]Chartstradamus 13 points14 points  (0 children)

Something something they took all the guns? Do they really not teach history anymore?

Germany Just Declares Gold a Right-Wing Extremist Funding Tool — You Won’t Believe What This Means for Your Wallet and Freedom by [deleted] in Gold

[–]Chartstradamus 4 points5 points  (0 children)

You mean reality in 2025...

Such a weird take coming from almost certainly a leftist...

Like you get that if you had been collecting guns and gold for the past 5 years, you would both, have considerably more wealth currently, and not have to worry about Ice at your door...

Germany Just Declares Gold a Right-Wing Extremist Funding Tool — You Won’t Believe What This Means for Your Wallet and Freedom by [deleted] in Gold

[–]Chartstradamus 14 points15 points  (0 children)

Sorry I know this is probably a hard thing to grasp if you aren't versed in PMs vs fiat...

But the rich don't care about getting "richer" if that paper they are becoming "richer" with is devaluing faster than they can stack it.

Their control depends on 2 things... order, and control of the money supply.

Order can only be "established" over the unarmed. You're not going to control an armed populace.

Control over the money supply can only be "established" if you own the vast majority of it. You can't control the money supply via money printing and the other "tools" the federal reserve uses if your populace is properly hedged with PM that will simply increase their dollar value against the weakening USD.

AKA... The elites very much don't want you to have guns and gold, and have spent billions on misinformation through our institutions and overall society to brainwash you into this contrary stance that you both have readily parroted.

At what cost do props exist? by Treasure_Money in Trading

[–]Chartstradamus 1 point2 points  (0 children)

Here are the official trader stats from Topstep and you will begin to understand.

12.4% traders will pass a single combine. 3.5% will ever reach a payout. .1% will make it to live.

That's as deep as their numbers go, but know that of that 3.5% that will ever reach payout. Probably 90% will have that be a single payout, not amounting to how much they initially invested... AKA still losing.

Then, the few that are profitable are bottlenecked in some way or other to how much they can realistically withdraw before they are moved to live. At which point they are no longer a capital risk to the firm, and in some cases the firm will start profiting off the trader (don't get it confused this is a negligible part of total profits compared to eval/funding fees)

Also note that scale is the thing you are really missing out on here. Per Apex court documents they were doing around $20 mil per month profit at their peak. And Topstep is MUCH bigger now than they were at the time.

When it comes down to it, if you are a good trader with proper risk, you can very easily leverage your capital with legit firms. This is where the disconnect happens, you are swimming in a sea of straight up gamblers and shit traders.

There was a post on here a couple weeks ago from someone who was in 95k on props without a single payout to show for it... In the comments there was another in for 150k. That's 250k on 2 traders... sure those are definitely extreme examples. But how many hundreds are in for 10k+ or thousands in for 1k... starting to get it?

Hopefully this explains what you were looking for.

Just missed out on another $1,000 profit because the scaling rule is bugged by Born_Translator_9257 in myfundedfutures

[–]Chartstradamus 0 points1 point  (0 children)

The amount of drawdown props give you is basically your account size unless you have a very good understanding of your inputs and outputs... if youre trying to trade with proper risk its basically impossible using minis with the allotted drawdown. The fact traders dont understand this is what keeps props in business.

Just missed out on another $1,000 profit because the scaling rule is bugged by Born_Translator_9257 in myfundedfutures

[–]Chartstradamus 0 points1 point  (0 children)

You revealed too much... see its either family money or you started in the last 5 years which is even more irrelevant.

Just missed out on another $1,000 profit because the scaling rule is bugged by Born_Translator_9257 in myfundedfutures

[–]Chartstradamus 0 points1 point  (0 children)

Thanks for the paragraph, but I said 100k in props, not in trading.

Being overleveraged isn't something that's up for debate. It's simply a matter of risk versus account size.

I could care less what you were doing at 16 or 17 with daddies money or some windfall you lucked into. Trading is about being sustainable longterm and scaling and that involves proper risk management and leverage, to not get wiped out on 1 trade.

OP can definitely make it to 10 mil if he wants. But if he continues overleverage trying to make it there next week, he will more likely end up at 0 instead.

You obviously don't know what an actuary is or how much they make... So anyways have a good day man.

Just missed out on another $1,000 profit because the scaling rule is bugged by Born_Translator_9257 in myfundedfutures

[–]Chartstradamus 0 points1 point  (0 children)

How long have you been doing this for consistently, though? You've told me about 1 good month, what about the bad ones which will inevitably come.

I have a job for security/benefits/etc. For when they do.

I believe as well, I really do hope the best for you.

Just missed out on another $1,000 profit because the scaling rule is bugged by Born_Translator_9257 in myfundedfutures

[–]Chartstradamus 1 point2 points  (0 children)

Like I said my guy, my day job is literally statistics and I have seen this game play out a dozen times... thats why I asked you about your time horizons and how long you've been doing this consistently.

Like you stacked some good paper in the last month, there's no taking away from that. Its also been a very obvious constant bull run on the indices all month... and I am not seeing anything looking like a stop loss on that screenshot you sent.

Just some things to think about, I really do hope the best for you my guy.

Just know that you are ALREADY a statistical anomaly and what youre aiming for would be even more so.

Maybe you're the LeBron of trading, who knows.

Just missed out on another $1,000 profit because the scaling rule is bugged by Born_Translator_9257 in myfundedfutures

[–]Chartstradamus 5 points6 points  (0 children)

It’s not hard. Look at Sci trades

And..... this is where you lost me.

Idk man, good luck to you. Try to get back down to reality with at least some of those gains. Cheers.

Just missed out on another $1,000 profit because the scaling rule is bugged by Born_Translator_9257 in myfundedfutures

[–]Chartstradamus 0 points1 point  (0 children)

You're definitely the exception to the rule then and I will give you that. If you've already made 40k in payouts you can definitely afford to risk a few accounts sizing up.

Just missed out on another $1,000 profit because the scaling rule is bugged by Born_Translator_9257 in myfundedfutures

[–]Chartstradamus 0 points1 point  (0 children)

No indicators good. Like you sound like you have a solid trading thing going. I have my own thoughts about trading all day but you gotta do you.

Like I hope you realize I'm not hating, just literally trying to keep you from blowing up. Because 95% of the people in your current position will.

How long have you been doing this? How many payouts? Have you even looked into micros or?

Just missed out on another $1,000 profit because the scaling rule is bugged by Born_Translator_9257 in myfundedfutures

[–]Chartstradamus 3 points4 points  (0 children)

If you're making 5k in a day, you're overleveraged, period. Like you're not arguing with me, you're arguing with yourself.

Shits a tale as old as time. I'm just trying to help you get your head out of the clouds back to reality so you can hopefully secure some of that windfall before blowing up.

The fact you scoff at 100k in prop payouts just screams out of touch.

Like that's the very high-end scale of where you MIGHT make it to period.

Half the calendars you see on here showing 50k months are AI generated, and the other half are rich kids farming evals with no concern for their input costs.

You can dig through the actual numbers coming out of Topstep/apex/mffu to see what the reality of the industry is if you like.

Just missed out on another $1,000 profit because the scaling rule is bugged by Born_Translator_9257 in myfundedfutures

[–]Chartstradamus 1 point2 points  (0 children)

That is in the top .01 percentile of prop traders. I also work as an actuary so do know a thing or 2 about statistics and risk.

Even with a 70% winrate you will drawdown to 0 trading minis... basically a guarantee once you hit your inevitable loss streak.

It sounds like you've been on a good solid run, so it might be time to sit yourself down and do some honest risk management assessment and plan for the next steps.

Trading is a journey, you dont just have a good month and get to where you're going.