From March. And the current congress is about to end. Nothing is going to happen with that.
The thing about gold bringing down the Fed more likely involves the Fed loaning gold into the market, when they wern't supposed to, and being unable to get it back promptly when its rightful owners suddenly want to withdraw it.
A sizable change to the value of the Dollar would be devastating to the economy. Q/POTUS will not allow that.
If the real value of the $ goes up, then that's good for people with cash in the bank but bad for people needing to pay-off mortgages. If it goes down, then the opposite happens.
And if personal debt is suddenly wiped away, then it's good for the people who were under that debt, but bad for everyone with a 401k and who were the holders of that debt (in complicated ways). Also bad. It would also be inflationary because the current value of the $ is based on the assumption that the money the Fed conjured out of nothing would eventually be payed back and return to nothing. This not happening as planned and expected would be very bad.
>Silver has alot of catching up to do.
Or gold is over priced and has a lot of falling to do. Remember that the price of silver is largely driven by industry, not investors.
>The value of gold is constant.
No it's not. It's based on the amount of human labor required to extract it from the ground. Mining tech has radically improved over the past 200 years, with far fewer man-hours required to extract one ounce. The true value of gold has therefore declined.