Technical Picture Deteriorates; Fed Easing Becomes More Probable - Ryan Puplava

``Yesterday, we got the first piece of incremental data on easing from the Fed. The minutes suggested that several members are now considering bond purchases from the last meeting, in which only a "couple" were considering it. So in Fed-speak, that's an uptick in easing. The Philadelphia Fed data today was pretty bad and caused a spike in gold and silver. The more weak economic data becomes, the more likely we'll see the Fed ease''