Gold could probably be at $1500 in a year without breaking a sweat.
I think that it will break its recent highs of $720 during September and then make and all time high above $850 in Jan 2007.
Then by 2010 gold should be above $5000.
A concerning factor is the US economy. The Dow Jones could lose 50% in order to meet gold at their historical ratio of 1:1
See article:
Dow Jones / Gold Ratio
If the DJIA remains intact we could see gold at $10000 per ounce, either way they both should return to this ratio and with Bernake at the wheel there is nothing stopping this...
4321bob
www.gold-prices.biz