Florian Grummes

Articles by Florian Grummes

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...
Bitcoin has been moving sideways for many, many weeks. In the meantime precious metals and stock markets rallied significantly. As well, DeFi has been exploding over the last two months. Hence, Bitcoin and Ethereum look...
Bitcoin, the unstoppable train. This is true if we look at the last 11 years of price action. This is also true if we talk about unstoppable code and the fact that bitcoin doesn’t need any regulation because its code is THE LAW! However,...
Bitcoin has been consolidating for more than two and a half months now. Generally, the set-up is still bullish while the overbought situation has been neutralized. A move out of the triangle is coming closer. Even though lower prices...
Still Caught In A Consolidation

Looking back to my silver analysis from early march, silver indeed continued to move sideways for the last three months. The precious metal is still caught in a large consolidation. At least, silver was...
Over the last 10 days Bitcoin and the whole crypto sector strongly bounced from oversold levels and posted a significant recovery. Some of the altcoins more than doubled already. Before that a two week long base building pattern coupled...
Since my last "official" analysis on this site, Bitcoin indeed continued its way down and reached the "potential buying zone between 8,000 and 8,500 USD" two times (March 9th and March 11th). The expected but very fast bounce out of this...
After failing from 11,800 USD for the second time Bitcoin has been quickly losing ground. Over the last couple of hours prices crashed more than 1,000 USD down to 9,400 USD. That´s a drawdown of  nearly 20% in just three...

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Peru became the world’s largest producer of silver in 2012.

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