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Halftime: Beginning of the Bullion Breakout?

With gold rapidly approaching $1,300 an ounce, the precious metal will climb to $1,400, even $1,500 by year-end, said James DiGeorgia, publisher of "The Gold & Energy Advisor."

But it doesn't stop there, according to DiGeorgia. Shortly after that, he thinks it will climb to $2,500 and possibly $5,000 in the near future. He thinks gold will breakout to the upside because of massive monetization and current fiscal policy. Between the two, he said the US continues to deface its currency, bringing it deeper into jeopardy.

Another driver for gold prices, he said, is demand from China. The People's Republic is already buying gold, but if the government does open up the market, DiGeorgia thinks it will "do wonders for demand."

When you look at the charts, DiGeorgia explained, there is no upside resistance for gold. He told the "Fast Money" desk that the only risk for traders is capping their upside.

Watch the video to see the full interview with DiGeorgia.

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RIM'S 'BLACKPAD' TO RIVAL THE IPAD?

Shares of Research In Motion topped the tape in midday trading Wednesday, as the BlackBerry maker could reportedly unveil an electronic reader to rival Apple's iPad as early as next week.

Brian Kelly, founder of Kanundrum Capital, is disappointed by what he's read about the so-called 'BlackPad' device because it reportedly lacks 3G or 4G connectivity. Zach Karabell, president of RiverTwice Research, disagreed with Kelly.

"I'm interested in RIM because I don't think there's going to be a duopoly or a one-winner in the smartphone space," argued Karabell, adding that as "cool" as Apple is, it's not as focused on e-mail and business services as RIM has been. "That strikes me as a much more embedded competitive advantage."

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CALL TO THE FLOOR: PANTRY

With shares of Pantry up sharply this year, CEO Terrance Marks spoke with CNBC's Melissa Lee about what's working for the convenience store chain operator. Watch the video to see the full interview.

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CALL THE CLOSE

Joe Terranova, chief market strategist at Virtus Investment Partners, likes consumer staples.

Scott Nations, president and chief investment officers of NationsShares, is a seller of the market.

Zach Karabell, president of RiverTwice Research, is looking for an early October pullback.

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Trader disclosure: On Sept. 22, 2010, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Terranova Owns (APA), (AAPL), (ARUN), (BMO), (C), (GS), (IBM), (HES), (JOYG), (XBI), (NBR), (NOV), (OXY), (ORCL), (PEP), (POT), (RSH), (SLB), (SU), (SPLS), (RIG), (UPL), (MA), (VRTS); For Scott Nations; Nations owns (MSFT); Karabell owns (FCX), (VALE), (POT), (GS), (AAPL), (RIMM), (BHP)

Brian Kelly
Accounts managed by Kanundrum Capital own (GLD)
Accounts managed by Kanundrum Capital own (GDXJ)
Accounts managed by Kanundrum Capital own (SLV)
Accounts managed by Kanundrum Capital own (ORI)
Accounts managed by Kanundrum Capital own (RGR)
Accounts managed by Kanundrum Capital own U.S. Dollars
Accounts managed by Kanundrum Capital own (TIP)
Accounts managed by Kanundrum Capital own (POT) calls
Accounts managed by Kanundrum Capital own Swiss Francs
Accounts managed by Kanundrum Capital are short (BCS)
Accounts managed by Kanundrum Capital are short (IAI)
Accounts managed by Kanundrum Capital are short (XLF)
Accounts managed by Kanundrum Capital are short Mexican Peso
Accounts managed by Kanundrum Capital are short U.K. Pound
Accounts managed by Kanundrum Capital are short (HYG)
Accounts managed by Kanundrum Capital are short (STT)

For Joe Terranova
Terranova is chief market strategist of Virtus Investment Partners, LTD.
Virtus Investment Partners own more than 1% of (ABAX)
Virtus Investment Partners own more than 1% of (ALK)
Virtus Investment Partners own more than 1% of (AMKR)
Virtus Investment Partners own more than 1% of (CASS)
Virtus Investment Partners own more than 1% of (CSVI)
Virtus Investment Partners own more than 1% of (IGE)
Virtus Investment Partners own more than 1% of (LDR)
Virtus Investment Partners own more than 1% of (LPHI)
Virtus Investment Partners own more than 1% of (MGRC)
Virtus Investment Partners own more than 1% of (NRCI)
Virtus Investment Partners own more than 1% of (DBV)
Virtus Investment Partners own more than 1% of (XLB)
Virtus Investment Partners own more than 1% of (XLP)
Virtus Investment Partners own more than 1% of (XLY)
Virtus Investment Partners own more than 1% of (XLF)
Virtus Investment Partners own more than 1% of (XLI)
Virtus Investment Partners own more than 1% of (XLU)
Virtus Investment Partners own more than 1% of (SUBK)
Virtus Investment Partners own more than 1% of (WDFC)
Virtus Investment Partners own more than 1% of (YDNT)
Virtus Investment Partners own more than 1% of (DLUEY)
Virtus Investment Partners own more than 1% of (DRYS)

For Zach Karabell:
River Twice owns (ADBE)
River Twice owns (POT)
River Twice owns (GS)
River Twice owns (VALE)

For James Digeorgia
***No Disclosures***

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