In general, the silver market seemed to under perform versus the gold market in the morning action. However, like gold, the silver market did fall sharply from the morning highs in the wake of the latest sharp slide in US equity prices. In fact, just ahead of mid session December silver prices were as much as 39 cents below the early morning highs. With the equity market remaining under moderate pressure and the S&P venturing close to the old lows in the morning action, it is likely that renewed fears of severe slowing were applying some added pressure to silver prices.