Like the gold market, the silver market started out positive only to give up ground aggressively ahead of mid session. Certainly the slide in oil prices and the recovery bounce in the equity market seemed to be the genesis of the reversal in silver prices. With the setback in silver prices dovetailing with setbacks in a host of industrial commodities in the morning trade, it is clear that the sharp washout in energy prices has rekindled fears of broad based liquidation.