ARGEX MINING INC.
RGX-TSX.V :  $0.36  -  STRONG BUY
12 MONTH TARGET PRICE: $2.00 | PROJECTED RETURN: 456%

Tony Hayes, CFA, Metals & Mining Specialist

ARGEX HAS HUGE POTENTIAL WHEN CTL PROCESS PROVES SCALABLE

• NPV of La Blache Mine alone $2.00 per share

• As CTL Titanium Di-oxide process proves scalable NPV jumps to $31 per share

• Control of CTL expected to be confirmed in near future

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There They Go Again - by Peter Schiff
Picking up where they left off in 2008, the media is in the midst of a campaign to ignore and undermine the presidential candidacy of Ron Paul (they gave me even rougher treatment during my 2010 Senate run).  Political pundits just do not know what to do with a candidate who fails to fit into the blue and red boxes that form the simple narrative of American politics...
http://www.europac.ca/commentaries/there_they_go_again

QE and Interest Rates - by Michael Pento
The market has rallied on the hopes of more QE emanating from Bernanke at Jackson Hole. However, one has to ask what good would it do? Interest rates are already profoundly negative and nominal rates are at all time lows. The money supply as measured by M2 is booming at a 20% annualized rate and inflation at the consumer level is up 3.6% YOY—far ahead of Bernanke’s 2% target. And banks already have $1.6 trillion of excess reserves if they need them. My guess is he may lower the interest rate on excess reserves so banks would be forced to lend more money and its supply would increase yet faster. But this is a balance sheet recession and can’t be helped by crumbling the currency and increasing inflation...
http://www.europac.ca/pentonomics/qe_and_interest_rates

Don't miss Michael Pento on BNN! • 10:30am August 26th

       

• September 7th and 8th - Roy Shipes, Chairman, and James McIntosh, President and CEO of Continental Mining and Smelting, will be available for meetings in Toronto
  
  For more information please contact your sales representative.
  
  

Gold Extends Biggest Decline in 18 Months After CME Raises Futures Margins
Gold extended its biggest slump in 18 months on speculation financial markets are stabilizing, eroding demand from investors seeking to protect their assets, and after CME Group Inc. raised margins on futures contracts.

Gold fell as much as 3.1 percent to $1,704.25 an ounce by 12:01 p.m. in London, taking its three-day decline to 10 percent, the most since 2008. Compared with closing prices, the rout is the biggest since 1983. The value of a 100-ounce futures contract traded in New York slumped $10,400 yesterday, more than the $7,425 margin requirement that day, prompting margin hikes.
http://www.bloomberg.com/news/2011-08-25/gold-extends-biggest-decline-in-18-months-after-cme-raises-futures-margins.html

Steve Jobs resigns as Apple CEO, stunning tech world
Steve Jobs, who built Apple into the world's most valuable tech company by revolutionizing how people relate to technology, announced Wednesday he resigned as CEO, stunning the tech world while raising questions anew about his health and the future of the company he founded at age 21.
http://www.mercurynews.com/top-stories/ci_18751951?nclick_check=1

Asia stocks jump, but Apple weighs on some techs
HONG KONG (MarketWatch) — Most Asian markets rallied Thursday on robust corporate results and optimism the Federal Reserve may take steps to stimulate the U.S. economy, although some technology shares were subdued after Steve Jobs resigned as Apple Inc.’s chief executive.

Japan’s Nikkei Stock Average ended the day 1.5% higher at 8,772.36, China’s Shanghai Composite Index jumped 2.9% to 2,615.26 and Hong Kong’s Hang Seng Index advanced 1.5% to 19,752.48.

South Korea’s Kospi rose 0.6% to 1,764.58 and Australia’s S&P/ASX 200 index climbed 1.1% to 4,212.80, while Taiwan’s Taiex declined 1.2% on losses in technology stocks.
http://www.marketwatch.com/story/asian-shares-climb-in-early-trading-2011-08-24?pagenumber=1

                 

Rare Earth Industries' President Alastair Neill Appointed to Critical Materials Industry Organization "REE World" Advisory Board
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 24, 2011) - Rare Earth Industries (the "Company" or "RND") (TSX VENTURE:RND)(FRANKFURT:3CK1)(WKN:A1JHA3) is pleased to announce that its President, Alastair Neill, has been appointed to the Advisory Board of international critical materials industry organization "REE World", along with other leading rare earth experts such as Dudley Kingsnorth, Jim Hedrick, and Russell Starr.

Mr. Hedrick and Mr. Starr are also members of RND's advisory board, and the Company would like to recognize these gentlemen for this achievement as well.
http://www.marketwire.com/press-release/rare-earth-industries-president-alastair-neill-appointed-critical-materials-industry-tsx-venture-rnd-1553075.htm