Welcome to the bullshit world of Armstrong where he claimed gold was going to "crash to the abyss", what was it, $800 or something he said?  Now he says this:

"How does this end? Armstrong says, “Our computers are showing that interest rates are going to go up faster than anybody has ever seen in history. . . . You are looking at a doubling of interest rates very, very rapidly. . . . Gold and equities are the place to be.”"

First he was saying dump gold WHEN IT WAS AT THE FLOOR, now he says buy gold lol. 

His train of thought I'm guessing is that if interest rates go to the moon like after the so-called "Nixon oil shock", govts would collapse from not being able to service the debt without trying to hyperinflate it away to make the payments lower.  So all he's really saying is massive inflation on the way.  Gold and silver typically vastly outperform stocks in hyperinflation scenarios, and metals are already right near cost of production floor anyway.  Metals are a no-brainer over stocks.  Stocks also take a jump off a cliff before going up when govts get into currency/inflation trouble like that as well.