Gold Market Analyst and Bitcoin Evangelist Florian Grummes Joins The Standard Protocol as an Advisor
As hyperinflation and debasement continue to dampen global market sentiments, there is work underway to create solutions backed by time-tested principles. The Standard, the ultimate protocol for decentralized stablecoins, aims to utilize the principles of gold-backed currencies to bring the world out of its current situation and give the people a real hedge for inflation. This is a key principle of sound money, and The Standard stablecoins are backed by physical gold, Bitcoin, Ethereum, and other cryptos.
As part of its mission to promote its stablecoins, The Standard is pleased to welcome well-known market analyst, investor, trader, and consultant, Florian Grummes. Based in Germany & Dubai, Florian is the Founder and MD of Midas Touch Consulting, which caters to institutional & private investors. A contrarian thinker, Florian has been active in financial markets for over 25 years and is passionate about precious metals such as gold, and now, Bitcoin.
“I have joined The Standard.io as an advisor because I believe that it is necessary to create a transparent, verifiable, efficient, and decentralized new money system. TheStandard.io is working towards that. I also like their well-incentivized DAO,” says Florian Grummes.
Florian has always strongly believed in freedom and emerging technologies: “I have a dream: free competition of free-market money coupled with Unstoppable Code.” After realizing the immense potential of gold and silver way back in 2002, Florian decided to devote his energies to the neglected precious metals market. He also learnt technical analysis and honed his trading and psychological skills. The Cyprus crisis of 2013 brought him to seriously consider Bitcoin and cryptocurrencies, and he continues to remain a firm believer in their potential.
An early investor in cryptocurrencies, Florian motivated his followers to buy BTC when it was below $370, ETH below $8, IOTA below $0.46, and Steem below $1. According to Florian, “Bitcoin can absorb the worldwide unprecedented fiat currency printing and has the potential to lead mankind into a new evolutionary dimension.”
On the market analysis front, Florian is respected for the objective approach that he adopted beginning in 2008. His market research and reports quickly became popular, and today his perspectives and insights are followed all over the world. His bi-weekly gold, silver, and bitcoin analysis is famous.
Florian is the creator of the famous Midas Touch Gold Model, a simple model to trade in gold markets. He has helped his followers protect their capital. His recommendations for gold, silver, and Bitcoin rely on a unique combination of fundamental, technical, and sentiment analysis.
According to our co-founder, Joshua Scigala, “Florian has a wealth of knowledge when it comes to the precious metals and the crypto industry. His financial analytical skills and deep understanding of economic theory make him perfect for the advisory board of The Standard. His contribution will bring us closer to the goal of being a global stablecoin standard backed by rare assets.”
To learn more about Florian Grummes, please visit:
🧑💻 https://www.midastouch-consulting.com/
🖼️ https://www.facebook.com/Midastouchconsulting
