Something I saw on CNBC made me think. No CJR, it was not Maria or Erin. ALthough I do have wicjed thoughts about both.

There was a story about a change in margin requirements on gold plays which forced many investors to sell Gold today to cover the new gold margin requirements.

Now, if I were in gold plain plays and now I could not be as much in because of margin changes, where would I go?

The majors are up huge and liekly have little upside. Juniors like KRY are way oversold and a good bargain right now. My thinking is that some of these guys who were pushed out of gold plays on margin calls may want in but in a sector with more upside. That may be one reason we rebounded to day in a down market with gold down.

Any thoughts? Opinoins?