Credit: Alchemist-hp / CC-BY-SA 3.0

As a result of changing prices on silver, it is very significant to maintain a record. The complete analysis of silver prices revealed that it would jump a bit higher. In a press conference, Bernanke received positive signals from Tarulla, Yellen and Dubely.

According to the Fed’s latest FOMC meeting, it is ready to release another round of quantitative reduction in a few months. Investors are looking for optimistic vibes for the silver price because it performs enormously better for the last few days, particularly when the Fed (Federal Reserve System) is all set to implement the Fed’s quantitative easing policy (QE).

A point to be noted down here is that the bullish for silver is impossible without potential challenges, which have always come on the way. Hence, it is a prerequisite to monitor the critical checkpoints for silver, especially when silver is stepping ahead because of climbing prices in upcoming months.

Because of the persisting crisis in Europe, the global central banks are applying aggressive monetary stimulus measures. However, market participants are looking for hard asset protection against the associated pricing instability and fiat currency debasement. Silver is one of the most important hard assets for investors, which is trading at $3.20.