“the quality of being patient, as the bearing of provocation, annoyance, misfortune, or pain, without complaint, loss of temper, irritation, or the like. An ability or willingness to suppress restlessness or annoyance when confronted with delay: to have patience with a slow learner. Quiet, steady perseverance; even-tempered care; diligence: to work with patience”. Dictionary.com
Do you have patience? The ability to put off instant gratification is so important in life. In fact I’ve heard it explained as its the difference between successful people and low-class behavior. Saving for tomorrow. Looking ahead. Not being blindsided. Thinking ahead a little bit saves so much time and money. How many times have I run to the store for something, and forgot an item. Or only bought 1 when I should have bought 3.
Its not just for shopping. Its planning your career. Your retirement. Giving your kids a boost for say a house in their future. Governments don’t think ahead. Less than 5 years after they put in over a half million dollar pedestrian bridge on a bike path, they decided, “Hey! Let’s rip that out and continue the road!” (that within a year they will take out a lane and put in a bike lane)
Part of what I was thinking in all this is because I know what is coming. Having lived through sharp stock market declines in ’73, ’87, ’01 and ’08, I know what is coming this November and the following 6 months. All hell is going to break loose. The reelection of the most hated President in history, the court challenges, the resulting street violence, the attempted coup by the Democrats and RINOs, the appointment of a successor to Ruth Buzzy Ginsburg. A “perfect storm” is coming our way.
What is truly amazing to me is how it will all play out with perfect coordination and synchronicity. Once again, its all about ‘looking ahead’. Finally I am. Forewarned is forearmed. When we get within a week of November 3, pay attention.
As an example, you’ll get no help from CNBC. They are all, “La di da di da! Everything is fine!” As they blather on about Tesla this, Nikola that, Apple something else. The ‘Bullshit-O-Meter’ is off the charts. There’s an orchestrated crash coming in late October / early November, and nobody is talking about it. One morning around that time, about 10:30 in the morning, the market will plummet 10,000 points and they’ll suspend trading for the day.
Then, they’ll have to talk about it! They’ll act all like, “Where’d that come from?” People won’t have been prepped, they won’t be ready to buy, but the professional will. And another fleecing of the flock will have taken place. That’s not quite true. I think this one will go on for several weeks. I can see 50% coming off the market top of 29,100, easy. Would not at all be surprised to see 65%.
I’m just restless and impatient because until then, everything is too high. The market is too high to buy stocks, metals are too high to buy silver. We’re just in a holding pattern until the dam breaks. Talk radio really sucks right now. Radio hosts Armstrong & Getty, who I had thought would replace the morning idiot Jeff Angelo, turn out to be about as dumb. They think its okay that Louisville cops can bust into a house at 1 am and gun down Breonna Taylor.
FOX News is pointless. CNBC as noted is worthless. So ya better like the old movie channel! So until then its “hurry up and wait!”