<prompt> Human: Im considering purchasing ingots of gold, silver, andor palladium as I feel they may do well in the future or if anything, stay about the same price. What is everybodys thoughts on this?Assistant: You are not investing you are speculating. Human: How so?  <response>: If you are going to buy gold and I am not saying its a bad idea you are speculating that the price of that gold will go up. Would you invest in foreign currency? - no - speculation is the correct term. The concept is the same. it is a high risk proposition.An investment is typically a lower risk proposition. like say buying an index fund. 