Is It Too Late To Invest In Silver?

Above, Morgan and Peace silver dollars. Photo by Armand Vaquer.

Over the past few years, I invested heavily in silver coins and bullion. That was when the price of silver was low (under $40 per troy ounce).

Today, silver is at $95/toz at Comex. This is great for those of us who have accumulated silver while the price was low. Remember the old addage: "Buy low, sell high!"

CBS News asks, "Is it too late to invest in silver?" 

They begin with:

Silver has had tremendous growth over the last year. The precious metal's price has jumped by approximately 200% in just the last year, and now sits at nearly $100 per ounce — a number virtually unheard of. 

For many investors, the run-up poses quite the conundrum, however. On the one hand, the price jumps mean the possibility of big returns. On the other hand, they also signal more risk — and more loss should the market reverse course.

So what do experts think? Is there still upside to buying silver, or is the risk too great with this precious metal right now? Below, we'll break down what you need to know before getting started.

To read more, go here.