China’s slowdown hurts now, but silver could see a 40% spike by year-end

http://www.marketwatch.com/story/chinas-slowdown-hurts-now-but-silver-could-see-a-40-spike-by-year-end-2015-05-11

Prices for silver, copper, platinum and palladium all fell on Monday as efforts by China’s central bank failed to ease traders’ concerns over the country’s economic slowdown.
The macroeconomic research company forecasts higher prices for certain metals by year-end, including a potential 40% spike in silver prices.
The People’s Bank of China on Sunday stepped up monetary-easing measures in the face of a worse-than-expected economic slowdown, shaving a quarter of a percentage point off benchmark lending and deposit rates — it is third rate cut in six months.
China’s interest-rate cut comes amid new signs the economy is failing to find a bottom despite efforts to loosen monetary policy, MarketWatch columnist Craig Stephen wrote in This Week in China.