I think this analogy is very useful, and I want to expand it a little. Farina and cj, terminological issues aside, I think the issue here isn't necessarily that you're not understanding the explanations you're being given. It's that you're not seeing why your original question isn't actually well-formed. There's a very particular way of explaining the problem that you want to be given. The problem is that such an explanation does not exist because it's not the reason for the phenomenon in question. I'm going to use voko's analogy to clarify what I mean.
I gather from your question that what you want is an explanation in terms kind of some force that acts directly on the free end of gyroscope and holds it up, i.e. an upward torque to counter the downward torque of gravity. There is no such counter-torque, and to insist on being shown one is to misunderstand what is going on during gyroscopic precession. Consider a planet orbiting the sun. Gravity tends to pull it inwards, and yet a circular orbit allows it to stay a fixed distance from the sun. Now imagine you came to the forum and asked:
"Why does an orbiting planet stay a fixed distance from the sun? What is the force that keeps it from falling inward? In the case of no angular velocity, the planet simply falls towards the sun. In the orbiting case, there is no radial acceleration so some force must be opposing gravity to keep it from falling. Three physics professors and the entire internet have not been able to give me an explanation in terms of force equilibrium of how orbiting planets don't fall toward the sun."
Do you see how this question is based on a fundamental misunderstanding? Of course there isn't a force opposing gravity, that's the whole point—there's net centripetal acceleration. Forces are not balanced along the radial axis! Sure, if you really wanted to, you could think in terms of the planet's non-inertial reference frame and conclude the the centrifugal force exactly opposes the gravitational force according to the planet. But that is a lot of unnecessary work for what is not really a good, fundamental explanation based on inertial reference frames. The question has wrong assumptions built right into it about how orbits work, and no amount of correct explanations would convince the asker until they were able to see that.
The same is the case here, with really the only difference being that the vectorial nature of torques and angular momentum is harder to picture than the vectorial nature of linear forces and momentum. There is no torque acting on the other side of the gyroscope to keep it from flopping over. We would not see precession if there were! The torque about a horizontal axis due to gravity is manifestly not balanced by another torque because precession occurs, just as the inward force on an orbiting planet is manifestly not balanced some outward force because circular orbital motion occurs!
Spend some time reflecting on this and hopefully you will see that you did not stump the internet; you only stumped yourselves.