Friday, November 24, 2006

It Is What It Is

Acceptance is not a state of passivity or inaction. I am not saying you can't change the world, right wrongs, or replace evil with good. Acceptance is, in fact, the first step to successful action. If you don't fully accept a situation precisely the way it is, you will have difficulty changing it. Moreover, if you don't fully accept the situation, you will never really know if the situation should be changed.
--Peter McWilliams

I have a saying I use to sometimes describe situations that I might not like, but at the moment can do nothing about.
It is what it is.
That’s my acceptance relief valve. It allows me to accept what I am seeing, accept what I am dealing with, and move past the initial “oh, no!” factor that keeps many people from solving problems and resolving issues.

“It is what it is” does not mean things are locked in place. The acceptance of a quandary’s existence does not mean you can’t do anything about it—in fact, acknowledging “it is what it is” gives you a starting point from which you can collect allies, search out solutions, and measure your progress towards a suitable outcome.

Today marks the first in which the Chicago Board of Trade gold contract is open when the Comex division of Nymex is closed. The CBOT contract has become a serious competitor to the New York exchange within the last year by computerizing its business.
Commodities experts once believed entrenched futures markets cannot be displaced…that was before the computer came along.

Today could actually be an interesting day for gold in America.
If you are a speculator and wish to make a statement, today may be the day.
It is what it is.

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