Florian Grummes

Articles by Florian Grummes

From its November 2022 low to its recent high, Bitcoin is up 145% within 12 months. But of course, it wasn’t easy to ride this rally if you didn’t have a good entry or are a long-term hodler. Until the summer top, Bitcoins recovery was...
With the sharp sell-off starting at the end of September, followed by a multi-day bottoming phase and a substantial recovery (+14.6%) in the first weeks of October, it seemed as though the five-month correction in the silver market had...
With prices reaching nearly USD 31,000, Bitcoin’s recovery rally hit its peak on April 14th. This resulted in a doubling of prices within a span of five months. Our initial two price targets of USD 25,000 and USD 30,000 were achieved....
After an impressive six-month recovery rally, precious metal prices reached a significant high on May 3rd. While the spot gold narrowly missed its all-time high of USD 2,075, settling at USD 2,067, silver failed to surpass the USD 26.12...
Over the last few weeks banks have been imploding and fears of a 2008-style crisis have come into play. Of course, politicians have rushed to the rescue with huge amounts of fiat money, while the bond markets have already priced...
In the first few weeks of 2023, Bitcoin’s price has continued its upward trajectory, fueled by growing institutional adoption and increased investor confidence in the cryptocurrency market. Despite some short-term volatility, Bitcoin has...
After a brutal 14-months bear market, Bitcoin prices reached an important low at 15,479 USD on November 21st, 2022. Since then, prices traded sideways for around six weeks. Over the last two weeks, however, Bitcoin exploded higher,...
While the stock markets are falling in gaps like in 2001, the volatility index VIX is still rather acting like it would be in a bull market. Yet, commodities have been crashing like in a deflation, but treasury yields are trading around a...
Silver managed to gain 10% from its last low on May 13th at 20.46 USD as initially expected. Despite this recent recovery high at 22.52 USD, the situation remains tense and corrective. E.g. the recovery could not even reach the minimum...
The correction in the precious metals sector continues and seeks to undermine investor confidence more through time than by time. While the price of gold at US$1.870 is down around 10% and the price of silver at US$24.15 is down around 20...

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Spanish Conquistadores invaded the Inca Empire in 1528 to steal their silver and gold.

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