GRONINGEN -
Traditionally, gold tends to take a bit of a breather during the Northern Hemisphere summer. But, there are some, like Sprott Asset Management chief investment strategist, John Embry, who believe this year might be a little different.
Speaking to Mineweb.com's Gold Weekly podcast, Embry said, because of what is going on at a big picture level geopolitically, gold is likely to have a big summer.
"I don't like putting numbers and dates in the same sentence because you always make yourself look bad - but I would be very surprised if it doesn't take out $1,650 this summer and maybe headed towards $1,800 over the next three months," he said.