"A new report by Bank of America Merrill Lynch shows that since 2001, bullion has reached a bottom between mid-June and mid-July and rebounded thereafter. In all but two of the last 27 years, or 93 percent of the time, gold and gold equities enjoyed a late summer rally, thanks in large part to the approaching Indian festival and wedding seasons." http://www.forbes.com/sites/greatspeculations/2015/06/18/the-glitter-of-gold-in-an-age-of-soaring-debt/