Daily Blogwatch: Will the Market Rally into November?
Among Monday's top online stories for investors: the best ways to play the growing Chinese auto market, Nouriel Roubini's money-losing calls of 2009, why the market will rally into November.
lithium
What It Will Take to Tap Afghanistan's Potential Mineral Riches
Newly located deposits in Afghanistan could be a source of wealth for an impoverished nation crippled by decades of war. But getting those minerals out of the ground will require years of development and billions of dollars in investment.
China to Benefit from Afghan Mineral Riches
As the conflict in Afghanistan drags on, the U.S. has announced that the troubled Asian nation is sitting on upwards of $1 trillion in untapped mineral deposits. However, the resources are likely to end up getting mined not by American but by Russian and Chinese firms.
Afghanistan Harbors $1 Trillion in Minerals
The New York Times reports that "The United States has discovered nearly $1 trillion in untapped mineral deposits in Afghanistan, far beyond any previously known reserves and enough to fundamentally alter the Afghan economy and perhaps the Afghan war itself."