The 10yr US Treasury has gained 100 basis points to just under 3% since May. Pento sees interest rates going to 4% Q1-2014 and that's when the wheels fall off the wagon and gold and gold mining shares get the long awaited lift off. Buying the dips is starting to make more sense to me now.

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/8/21_This_Will_Create_Panic%2C_Crush_The_Fed_%26_Send_Gold_Soaring.html