The silver market also started out under moderate pressure but then saw the selling interest accelerate early with the market initially bottoming out just ahead of the scheduled US data flow. Clearly a weaker Dollar provided the silver bears with some selling incentive but it is also possible that significant selling pressure in the crude oil market emboldened the bear camp. The March silver contract at times Monday fell to the lowest level since November 21st but after the early pulse down move, the market seemed to be unable to initially extend the declines.