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.
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