At $2,000 gold , i'd say you're right about high inflation maybe 8-10% but at $5000 you're certainly thinking about the remote possibility of hyperinflation wich would mean the FED totaly missed it's target and growth in the US would be greatly compromised , and probably across the world as well .
$2000 seems reasonable to me since we talk about year end price for 2010.
I thought the odds to see inflation be contained between 3-5% to be around 30% but i'd say the odds for inflation around 5-8% would be somewhere around 50% and maybe 30% chance of 8-10% inflation while anything beyond that would see the odds decreasing rapidly from there as we head towards hyperinflation .
Maybe my estimate for the price of gold is too high for an inflation rate around 3-5% but i figure fear is the main factor driving the price of gold now and i figure it might still be the same over 2010 .
Since there's nothing scientific about this i'd say gold might reach $2500-$3200 if inflation ranges between 5-8% and another $500 more if it reaches 10% .
Reading this back seems a bit unreal since most probability in my ... daydreaming seem to point out towards 8% inflation and over $3000 gold by the end of 2010 all that based on pure speculation humm...
Thank's for playing !
Tec