German precious metals market analyst Dirk Muller gave an interview to the Pro Aurum TV portal, in which he talked about the current situation in the global economy and named the factors that will affect the growth of gold.

According to the expert, the main supporting factors will be falling real interest rates, rising market risks, as well as the stock market, which has reached historic highs, which means a possible correction in the near future. In these conditions, gold has good chances to continue the price rally.

The German analyst is concerned about the situation in the German economy. A feature of the next crisis will be that it will occur simultaneously throughout the world. The global economy is on its way to collapse. Against this background, stock markets show a fairly high level of strength. Dirk Muller was especially critical of Donald Trump's Twitter posts, which very often negatively impact the global economy.

The analyst pointed out in his interview that the purchasing power of paper currencies is declining every year. Investors will have to say goodbye to positive interest rates. Now very often you have to pay a bank for keeping your money with him. One solution to this problem is to buy real physical assets that remain liquid for the long term.

Gold becomes the most popular asset among investors amid falling interest rates, especially when banks begin to charge for keeping money in their accounts. It is enough to look at the policy of the Central Banks, which for many years have been net buyers of gold for the reserves of their countries. This only indicates that the Central Banks are well aware of the phenomena taking place in the global economy and are actively preparing for possible shocks in the financial sector. As the history of past centuries shows, the yellow precious metal is a reliable protective asset during the financial crisis for both entire states and private investors.