From James Turk, in an interview with Hard Asset Investor:

Normally, autumn is gold's seasonal strong point. There's a lot of buying because of various holidays in different parts of the world. Plus, people are coming back from the summer holidays, and they're looking at what's happened while they were gone. They'll see that the dollar's been debased, so they'll go and buy the metals.

Also, my reading of the charts for gold (and silver, for that matter) is suggesting that the sideways action we've been seeing, the backing and selling and the base building, is coming to a conclusion. It looks to me like September or October is really the ideal time frame to see gold break above $1,000.

Read full interview...

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