David Rosenberg Sees Semi-Permanent Hurdles to U.S. Growth

David Rosenberg chief economist at Gluskin Sheff & Associates, Sees `Semi-Permanent' Hurdles to U.S. Growth . He talks to Bloomberg TV about the June U.S. employment report and the outlook for the economy.there is no way that the housing market has bottomed says David Rosemberg , while job growth slows and unemployment rises

Marc Faber : Farmland is still relatively inexpensive

Marc Faber : ...When I came in 1973 to Hong Kong I thought that property prices are very high here compared to say Switzerland and they were very high , and every year basically with few exceptions property prices have continued to go up , I think farmland relatively speaking is not terribly expensive , can there be a set back , yes may be you buy today a farm and you lose 20 percent of your money , but to lose 20 percent of your money is better than to lose everything , so I think that people today investors need to diversify they need to own some real estate they need to own some farmland they need to own some equities some cash and some precious metals - in CNBC

Marc Faber : Central Banks around the world are debasing the value of money

Marc Faber : ...well the thing is this I used to think that he (Ben Bernanke) is not particularly smart , but now I think that he is not particularly honest , and I actually do not pay any attention anymore to what he says I just look at say inflation figures but real inflation figures not the ones that are published by the government and I look at market action , I mean there must be a reason why over the last ten years the price of Gold and Silver are up more than five times it's money printing and the loss of purchasing power of paper money and this is what central banks have been doing not just in the US but also elsewhere- in CNBC