The silver market waffled around both sides of unchanged today but the prior session's high wasn't taken out and the May silver contract ended up spending a large amount of time trading below the prior session's close. In looking back over the last two weeks, the silver market has seen evidence of rising silver production and it has also seen signs of declining silver production but in general the trade has been seemingly more interested in the ebb and flow of demand. In conclusion, silver was probably partially discouraged by macro economic news this week but that news was somewhat countervailed by positive silver market specific demand views from GFMS.