Gold, silver price unleashed; Will this summer be as explosive as 2020's?

(Kitco News) - It's going to take gold until the end of the year to rally to $2,000 an ounce, said Phil Streible, chief market strategist of Blue Line Futures.

"I really believe [gold] could get going. $2,000 would capture some headlines on the upside. I think it has the right dynamics for it. You need the Fed to backpedal. You need growth to kind of stall," Streible told David Lin, anchor for Kitco News.

However, it's unlikely that the rally will start this summer and mirror last summer's explosive price action, Streible said.