"My take is that the 3 month gold collapse in 2008-2009 from $1000 to $670 took away up to a year from his time table. That systemic collapse which caused a panic into the USD [which rallied from .70 to .90] was a gut check for us all."
I also think that this explains his miss in time. All the energy of the bull market that couldn't come out during that lapse of time has been accumulated and is still there wanting to express itself. That's why almost certainly we will see gold make up for that systemic collapse sooner or later, and when so much energy is released, it will probably come with an overshoot. According to Jim S. before June 2011. He is a phenomenon, like Armstrong.