first majestic silver

Florian Grummes

Gold Market Analyst & Author

Florian Grummes (born 1975 in Munich) has been  studying and trading the Gold market since 2003. In 2008 he started publishing a bi-weekly extensive gold analysis containing technical chart analysis as well as fundamental and sentiment analysis. Parallel to his trading business he is also a very creative & successful composer, songwriter and music producer. You can reach Florian at: [email protected].

Florian Grummes Articles

The Midas Touch Gold Model illuminates the gold market from many different perspectives with a rational and holistic approach. It convinces with its versatility and its quantitative measurability. While rooted in extensive data, the model...
Since reaching a high of USD 2,067 on May 3rd, the bears have taken control of the gold market. In an initial wave down lasting about three and a half weeks, they pushed the price of gold down to USD 1,932.
While US regulators are racing to secure the sale of California bank First Republic, the US banking crisis continues and is far from being over. Gold, on the other hand, remains the currency of last resort and has no counterparty risk. It...
It´s been a tough six weeks of deep corrective price action in the gold market since our last analysis “Gold – Rally is losing momentum” had been published. From its top on February 2nd at 1,959 USD gold sold off 7.91%. Last week saw a...
Gold so far has seen a very good start into the new year. Driven by an extremely tense geopolitical situation (Cold War 2.0) as well as a weaker US-Dollar and the threat of U.S. insolvency (“debt ceiling”), the price of gold was able to...
With the early failure of the summer rally at 1,807 USD, the outlook for the gold market quickly deteriorated again since mid-August. As a result, the bears were able to push gold prices without much resistance below the important support...
In our last in-depth gold analysis we had been optimistically forecasting a recovery and summer rally for the gold price. And indeed, from its low at 1,680 USD gold rallied to 1,808 USD within less than three weeks. However, since mid of...
It’s been three and half tough months for gold and silver investors. Stock market and crypto investors have been suffering since November 2021 already, though. Now, after a bloodbath of almost 400 USD in the gold market, last week’s...
Gold had a strong start into the year but has corrected significantly since early March. Many gold bugs feel disappointed by gold basically going nowhere over the last two years. But compared to most other markets, gold has actually done...
Gold and silver prices experienced quite a roller coaster ride over the last few days. Given the fast recovery on Friday, we see two potential scenarios for the precious metal markets to unfold. Gold – Healthy Pullback or Escalation Until...

The total world's holdings of gold could be transported by a single solitary oil tanker.

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