James Turk - Gold to Have a Staggering Up-Move This Summer

"I think this summer is going to surprise a lot of people. Many are thinking this is going to be another typical summer where precious metals prices are weak, but it doesn't always happen that way Eric. Sentiment is set up this way because it has been 29 years since we have seen a big rally in the summer. Back in 1982, the Mexican debt default lit a fire under the precious metals and the gold price nearly doubled over the next six months... This year it is not Mexico in the headlines, but rather Greece that is ready to default...''