After forging a rather impressive mid morning bounce the silver market seemed to top out in the early after action perhaps because of the back and forth action in the stock market and perhaps because of the sloppy action in the gold market. Clearly the macro economic outlook deteriorated in the face of the US reports that were released during the session but it is also possible that silver prices were partially undermined as a result of the overtly bearish comments about oil prices from the OPEC President.