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While all that glitters may not be gold, people who invest inthis precious metal may find that over the long haul, it shows asstrong a return as the stock market, says financial analyst StephenLeeb.
Leeb, editor of the bimonthly newsletter PersonalFinance, is particularly bullish on gold and expects thatwithin the next three to five years, values will increasesignificantly.
"What drives bullion and gold is inflation. When inflationis low, gold prices are low; when inflation starts to accelerate,gold really starts to take off," explains Leeb, who saysit's hard to predict when gold prices will begin to go up.However, he says, inflation rates above 4.5 percent could signal agold price increase.
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