Couldn’t this make silver more popular as a backlash?
Yes indeed. At let’s say $20, that’s still only 30 oz, but goldbugs and gold bashers alike say that silver would be the choice for day to day “alternative currency” situations.
Also note that in the meantime, many (including myself) say that silver should appreciate more than gold in the medium to long term from the current gold/silver ratio of about 66:1 to somewhere in the 40:1 range or lower.