Silver Hits $53 — Up 3.4% in 24 Hours 
The British pound strengthened on Thursday after the Bank of England cut interest rates by 0.25 percentage points to 4.25%, with an unexpected split among policymakers where two voted to maintain current rates. Sterling gained 0.24% against the U.S. dollar to $1.33215. The currency was also boosted by news that the U.S. and Britain will announce a trade deal to lower tariffs on some goods, as confirmed by President Trump who described it as a “full and comprehensive” agreement.
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Trump’s $2,000 Checks, Auto Loan Crisis, and Silver’s Monster Rally
The government shutdown is ending after 41 days, but Americans face mounting economic pressures—job security concerns are spiking, and car loan delinquencies just hit levels not seen since before the 2008 crisis. Washington’s response? Trump’s proposed $2,000 “tariff dividend” checks that would require borrowing $100+ billion we don’t have. As fiscal irresponsibility accelerates and economic warning lights flash, silver has surged 58% since April, crushing gold’s 24% gains—a reminder that precious metals shine brightest when monetary discipline fades.
November 12, 2025
