Dec 19, 2008
Should I consider gold as a possible safe haven for some portion of my portfolio?

EFF/KRF: The volatility of gold prices (and of commodity prices in general) is much like that of stock returns. Gold is far from a safe haven.

Eugene F. Fama
The Robert R. McCormick Distinguished Service Professor of Finance at the University of Chicago Booth School of Business
Kenneth R. French
The Roth Family Distinguished Professor of Finance at the Tuck School of Business at Dartmouth College
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Eugene Fama and Ken French are members of the Board of Directors for and provide consulting services to Dimensional Fund Advisors LP.