Query posts from every term in a taxonomy

gistfile1.phtml

<?php 
  $terms = get_terms('taxonomy'); 
	
	$count = count($terms);
	//check if there are any terms
	if ( $count > 0 ){	
		
		//loop through each term and query posts. 
		foreach($terms as $term){
			
			$term_args = array(
				'post_type' => 'post type',
				'tax_query' => array(
						array(
							'taxonomy' => 'taxonomy', 
							'field' => 'slug',
							'terms' => $term->slug
						)
				)
			); 
			
			$term_posts = new WP_Query($term_args);
			
			if($term_posts->have_posts()):
				
				while($term_posts->have_posts()): $term_posts->the_post(); 
			
					the_title(); 
					
					the_content(); 
			
				endwhile; wp_reset_query();
				 
			endif; 
		}
	}

?>