A top manager of one of the largest investment funds in the world believes that the current situation in the financial markets gives investors an excellent opportunity to shift part of their capital from stocks into buying gold.

The yellow precious metal is currently trading at $ 1,275 per ounce (1,133 euros). Gold is under pressure. While precious metals are falling in price, stock quotes show another increase. Some analysts argue that news from China signals an end to the economic downturn, which means the global economy will recover.

But there is another opinion. George Milling-Stanley, head of commodity division at State Street Global Advisors, believes that the growth of the stock market is associated solely with the Fed's soft monetary policy. This, in turn, cannot serve as a basis for long-term stock growth.

"The stock market has been growing for 10 years. At some point in time, investors should think about how long this could continue," the analyst said. He also added: "The longer the growth of stocks continues, the harder will be the correction in the stock market."

Due to the fact that the quotes of many stocks are traded at maximum values, far-sighted investors have a unique opportunity to sell their part in order to transfer the funds received to the yellow precious metal, which in turn is trading significantly lower than this year's high, and therefore has a good growth potential. Many analysts predict a rise in gold prices to $ 1,350 per ounce by the end of the current 2019.