Just like with his impotent moves regarding soaring oil prices(strategic reserve releases and suspending the federal gas tax) Sleepy Joe will eventually try to “do something” about the coming soaring gold price. I expect that he will issue an executive order before the year is out to ban individuals from buying gold.(preventing retail sales by bullion firms and coin shops) This wouldn’t make owning gold illegal, just stopping future buyers from obtaining gold going forward. An FDR type move would never work as those who would voluntarily turn their gold in are few and far between. Those who have gold are not going to comply(non vaxers) and those sheep who would comply don’t own much gold to begin with. The unintended consequences (there are always some) will be a strong black market for gold and higher prices anyway. The biggest consequence will be an explosive silver price. With silver about to make all time highs above $50 eventually, the ban on new purchases of gold will only increase the demand for silver, freeing it to play catch up from the 50 years of price suppression. I will leave it to long term chartists to “calculate” the ultimate price objective from the 50 year silver cup and handle chart!