Gold and silver gain

http://www.bloomberg.com/news/2010-09-17/gold-may-drop-as-advance-to-second-record-this-week-prompts-investor-sales.html

“All the debt and deficits are so high, the only perceived way out of this mess is a global synchronized devaluation of all fiat currencies,” said Michael Pento, a vice president at Euro Pacific Capital Inc. in New York. “Gold is replacing the dollar as the world’s reserve currency.”

It's talk like this that got Pento kicked out of his CNBC interview with Erin Burnett.