Martin is saying the euro is toast and europe will be toast if a brexit occurs.
As a eu resident and if the euro tanks, i would rather have gold then euro's...

Take a look at long term gold in euro's, it has held much better then in $. As a matter of fact look in ANY other currency then the $, gold has held up very good are rcently made new highs in that currency.

I keep my physical gold, but will go long $ also.

I don't have confidence in the euro.

http://beforeitsnews.com/economics-and-politics/2011/09/gold-pricing-predictions-and-cycles-martin-armstrong-1123363.html

Armstrongs gold and market predictions in 2011 september

"The long-term view in gold recognizes that the current bullish trend in NY GOLD may be forming a major high at this time on a temporary basis. However, as long as this year closes ABOVE $1405.50, then it is possible that the current bullish long-term trend will continue next year where a new intraday high could still be made."

"However, if new intraday highs are NOT sustained next year, then 2011 may produce the major high on a closing basis as well as on a cyclical basis for the near-term. Since we do not has a spike high in a Phase Transition style high, it is unlikely that this high will be a major high long-term as was the case in 1980."

"The monthly chart illustrated here shows that we have made a slight Phase Transition spike and the oscillators are at the extreme upper-end warning a correction is needed to bring gold back in line. With September 15th being precisely 3.14 months from the turning point on the Economic Confidence Model, it is curious that other countries are suddenly coming to te rescue of Greece right on the day of the model."

2011 closed $1530, we closed above his $1405

No new highs were made so 2011 was a major high but not a Phase Transition style high.

So how i interpret this (as a not native english speaking), he would still see a Phase Transition Style high after the correction, that we have seen ?
We have had a large correction and broke the down trend 2016/2/1 this is 3.14 months after 2015.75 (confidence cycle) ;-)

I don't know what he predicts now for gold, still a lower bottom ?
What confuses me is that it seems he doesn't see a Phase Transition Style high anymore like some expect (Sinclair, Sprott, Rickards ...) ?

f.e. 1974 transition spike - low - 1980 Phase Transition style high  (6 years interval)
      2011 transition spike - low - 2017 spike ?

However, i don't believe anyone can predict what is going to happen and if history is going to repeat.
But just look at the gold price in any currency, long term it has always been in an uptrend, look at prices in f.e. £, € (different chart !), indian rupies... (www.xe.com) these charts all look bullish and show a reversal. Do technicals work all the time, sorry, no. How are fundamentals for gold ? Read the papers and look around, I would say good. EU policy is a disaster ! Some politicians are really nuts !

I bought my first gold in 2009 (12% yearly up in euro's), 2.5% of my personal wealth is in physical gold / silver, i recently added some more and will be adding platinum too (historically very low). I followed gold prices every day (kitco app on pc). I will probably add up to 10% (and possible remove some of my real-estate). All my business cash is going into bullion outside EU and bank system (www.orSuisse.be). I don't trust the banks. Deutsch Bank is toast, all day tv adds and twitter adds, yesterday they made a new offering here: 5% for a 3 month savings deposit. They are desperate for cash and customers.

DB might be the trigger for the next crisis.