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[Most Recent Quotes from www.kitco.com]

[Most Recent Quotes from www.kitco.com]




K’s Media (KVME.OB) Launches Revolving-Media Advertising Campaign at Luxury Golf Courses in China

QualityStocks (October 22nd, 2009) Writes:

K’s Media, a provider of premium brand advertising to targeted high-end audiences through an innovative media platform, recently announced that the company has developed the first and only dynamic media advertising program to be broadcast throughout golf courses in China. The strategically placed media screens will feature revolving broadcasts up to 60 times per day to effectively strengthen brand recognition.

Founded in 2007, K’s Media’s media platforms are installed in karaoke clubs, business entertainment centers and golf clubs throughout China. According to the Washington Post, China is emerging as a new hotbed of golf enthusiasts due to its growing middle class made up of successful small- and medium-size business owners and government officials. Since 2008, K’s Media has successfully attracted high-profile clients, including Motorola, Aston Martin, Acura, Remy Martin, Glashutte, Evian and Budweiser.

“Today China boast more than 200 world-class golf courses and current golfing enthusiasts of almost 4 million are

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The Woes of Fannie and Freddie

Bill Bonner (December 29th, 2008) Writes:

Freddie Mac and Fannie Mae are to America’s great empire what the East India Company was to the British Empire in the 19th century…and the Louisiana Company was to France in the 18th. Huge, stupid, and probably fatal.

Freddie and Fannie are huge government-chartered mortgage lenders. In 18th century France, speculators bet on the riches of Louisiana, through the government-chartered Louisiana Company. In the 19th century, they wagered their money on the riches of India, through the government-chartered Eastn India Company. And in the 20th century, they gambled on rising housing prices through Fannie and Freddie.

The immediate problem is that the mortgage lenders are running out of money. They need to raise $75 billion. A few years ago, that would have been no problem.

Everybody was ready to put money into America’s go-go, securitized housing market. But then, housing went.

Yesterday’s news tells us that housing prices are falling in 23 out of

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