Mining Sector Ideas

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The progress that Ehang (EH) has made is impressive. Despite my reluctance to invest in Chinese stocks and despite the fact that the stock is overvalued at this point relative to its earnings, I'm inclined to take a position in the stock after things shake out in the markets. But again, my inclination is to wait until stocks globally draw back. There is a lot of optimism that things are OK financially internationally, but I don't think that optimism is well-founded. The whole re-ordering of global trade is ominous. I don't think that peace in the Russia-Ukraine war is a realistic outcome. Madman Putin, evil to the core, wants to take over the whole of Ukrainian territory and at best is pretending he wants peace. The Middle East is a conflagration waiting to happen. India and Pakistan may go to war. And there may be many unexpected troubles that might surface globally. Everything was just fine on the Titanic until it hit that iceberg. God waited a long time before he destroyed Pompei because of the people's wickedness. Likewise with Sodom and Gomorrah.