I love gold right now, not despite, but because of everything that's happened to it this month…
Now, it's true that the "race to $1,000" triggered by the July 20 Asian bear raid appears to have the yellow metal on the ropes.
Television's talking heads (plenty of whom are actually short gold) say that it's "too early to call a bottom," or that gold "has the potential to sink to $700."
Now, I don't expect another 35% dip in gold, but even if they're right, those television pundits are still missing out on one of the year's most lucrative gold opportunities taking shape now.
They're just not seeing what I'm seeing in these charts.