Scorpio Gold Corp. (SRCRF)

[starboy]

Gold rolling over to $1,900 on Labor Day, as the smell from Europe is as bad as our own here. Remains to be seen what will transpire in the PM's when the world markets are at full throttle tomorrow; as some may need to raise cash, as in 2008.

Especially if a credit freeze-up happens in the European banking system and has repercussions in the USA and elsewhere.

But I don't think the downdraft to PM's will hold or be as significant as that 2008 time period. Too much damage has been done in the debt scenario and people/players want a real safety net.

Hard to believe Scorpio Gold isn't responding to the current events that may be peaking this month.


Tuesday's Market Preview Is Not Pretty: El-Erian

http://www.cnbc.com/id/44399634