A funny thing about noticing things is that you see what you’re looking at. That may not sound particularly clever or genius, but let’s be clear, if you’re looking at a dump, you’ll see garbage, and if you’re looking at a diamond ring, you’ll see gold and diamonds – even if you’re standing in a dump.

Right now, it’s hard to know what we’re seeing because there are so many conflicting indicators. The markets are performing well, and many people are feeling good and maybe a little complacent. They’re thinking that the market is down because of COVID-19, so when that’s fixed, we’re good.

At the same time, millions of Americans are out of work. Buffet, who has always marginalized investing in gold, just bought Barrick. Some colleges are opening, and others are sending kids home. And there’s an election in sight.

A lot is happening that looks good, but things seem suspicious at the same time. It’s like a sunny day with an ominous soundtrack. So, what are you to do?

First, we’re glad things are looking better because everyone could stand a little less pressure, fear, worry and doom. Months of instability in every part of our lives isn’t good for anyone, so we like the shift that seems to be happening.

Second, we’re wary. Growth is good, so is protecting the downside and there is a strange mix of fundamentals that are sending confusions messages.

Right now, it’s important to stay on plan. We plan for the long term so that shorter term issues – such as a pandemic – can be navigated and weathered. Look for resolution, not just indication.

It’s good to notice diamonds and gold and appreciate good things that are happening. Just remember where you’re standing – it may not always be as pretty as you think.