Thy silver
keceph  (keh'-sef)
silver (from its pale color); by implication, money -- money, price, silver(-ling).
is become dross
ciyg  (seeg)
scoria -- dross.
thy wine
cobe'  (so'-beh)
potation, concretely (wine), or abstractly (carousal) -- drink, drunken, wine.
mahal  (maw-hal')
to cut down or reduce, i.e. by implication, to adulterate -- mixed.
with water
mayim  (mah'-yim)
water; figuratively, juice; by euphemism, urine, semen -- + piss, wasting, water(-ing, (-course, -flood, -spring).