The Iowa Straw Poll will be held this Saturday. The Poll is described as:
a straw poll that takes place in Ames, Iowa on a Saturday in August of years in which the Republican presidential nomination is undecided (that is, in years without an incumbent Republican President). Though several different pre-Iowa Caucus straw polls take place in Iowa, the Ames Straw Poll is by far the most prominent one of them, because it draws voters from all over the state rather than just the local area, and is thus also commonly known as the Iowa Straw Poll. The Ames Straw Poll was first held in 1979.
The Poll is generally seen as a fundraising/public relations event, more than a political one, but it can show the level of continuing support a candidate can expect. Poor performance in this poll has caused candidates to drop out of the race in the past.
Ron Paul is hoping to gain some momentum going into the poll and he participated in a debate in Iowa on Monday morning (Aug. 6th) with a really good follow up appearance on Fox News. The LAist website has video of both appearances.\
This article doesn't give Paul much of a chance, but he's been surprising his critics right from the start in this campaign. Let's hope he fares well.