$2000 is important technical level for gold

Hey! gold newbie here! Which gold stocks would you recommend investing in for long term during this gold rush? any help would be much appreciated!

@Tibsz, SGDM, SGDJ, GOAU, SAND, FNV, WPM, NEM. Don't mess with GLD or GDX. GDX, they are invested in really shitty, corrupt gold miners. GLD, the custodian for their gold trust is HSBC. I'd elaborate, but don't wanna write a huge chunk of text. Also do your research and don't mess with Barrick Gold because of their corrupt, number-manipulating past. Do your research and don't buy shares of gold miners that have high debt, bad political risk diversity (like miners that have all their mines in Africa, bad bad bad idea)

GOAU holds the best gold streamers as their biggest holdings. FNV, WPM, and RGLD are their top three holdings, and SAND is up there, too. Gold streamers are simply gold sellers that have contracts with gold miners and are entitled to streams of gold at lower prices, and they also make money on royalties of the gold. SAND is my personal favorite because they make it a thing in their contracts that the gold miner can sell to no other streamer. The great thing, in the end, about these streamers is they are low cost, don't have to deal with the capex that miners deal with, so less volatility, and most of all, they all have extremely low debt. SAND has no debt, right now.

Good luck. Gold is going to the moon.

@MoneybagsMcGee, I would stay away from the meme gold miners. In the end, I personally have very little in miners. My only exposure is through the ETFs SGDM, SGDJ, and GOAU. Gold miners are too risky for my blood, and no telling who will do what. Leave the research to guys like Rick Rule, and don't trust stupid people who are buddybuddy with the CEOs of the companies they recommend (ehem Marin Katusa)

@MoneybagsMcGee, Wow this helps alot! thank you for the info, really appreciate it!

gold is still bullish

silver and gold have the sexiest charts

@BrandonGallegos, Agree. But Bitcoin is even sexier. :-)

@JohnnyBGalt, no actually Chainlink and Tezos is the sexiest

Expect gold to sell off this week,have a look at the COT data