You are on a fucking disinformation campaign. I am tired of your lies. Stop lying to this forum.
Here is what Armstrong wrote:
The Dow Jones could fall to 3,500 if Confidence swings to the government, or it could go through a Phase-Transition and reach 35,000 if the swing is back to the private sector. Gold-is likely to go to $2,500 or jump beyond even $5,000.
Armstrong is referring to the end of the current cycle for gold and he has not changed that forecast. He still thinks gold can peak out at $5000. The interim correction to < $1000 is shorter-term cycle within the larger cycle.
If you don't even understand a fucking thing about cycles and what Armstrong is actually writing, so STFU with your FUD.
All the rest of your points can be similarly refuted.