CoinCube,
Armstrong clarified that the mostly likely date for the new monetary system is 2024.35. Also he said the technically highest price for gold by 2032 is $24,000 (not a prediction, just the highest it could go):
https://bitcointalk.org/index.php?topic=365141.msg8621544#msg8621544Key is to understand this about the 8.6 year business cycle waves in his ECM:
http://armstrongeconomics.com/2014/07/02/when-will-the-monetary-system-crack/This brings us most likely to the Pi cycle target after 2024.35. That is when 911 took place to the day and when Greece began with the realization that there was trouble in the sovereign debt world of Europe.
This previous 8.6 year wave that peaked in 2007.15 was just the beginning with the realization of the Sovereign Debt Crisis. The current wave that peaks in 2015.75 should start the debt crisis with more government being forced into insolvency. This is what the IMF proposal is all about and the Fed looking to impose an exit tax on the most liquid market in the world US debt. The next wave 2024.35 will be the pulling apart of the world monetary system and the peak of this wave in 2032.95 is most likely where the tangible assets rise as a store of value in a world of uncertainty with respect to the medium of exchange.
http://armstrongeconomics.com/2014/08/05/beware-2025/We are most likely going to see a financial crisis that engulf the pensions and the sovereign debt crisis. The preliminary target seems to be really off in 2025. However, 2020 will be the first big crack.
We seem to be headed for the electronic currency as the first fix. But we will see this migrate to the replacement of the reserve currency, which I believe will be a basket of the major currencies administered by some agency, I sure hope will not be the IMF. However, I would bet against my luck on that one.
Gold may not reach its final peak until 2025.