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From my five minutes of research that does not appear to be true:
So while there is some utility in the metadata, it is not likely the NSA has your emails and phone calls from a year ago.
barfo
Wow. You really have no clue what the NSA has.
This is the NSA's Utah data center. Buildings filled with servers and hard drives to retain all the data you think they don't have.

Inside looks like this for 99% of the space:

This is just one of their data centers, too. They have many around the world.
http://www.datacenterknowledge.com/archives/2016/10/07/intercept-theres-nsa-data-center-uk
The Intercept: There’s an NSA Data Center in the UK
Snowden docs reveal details about US spies’ satellite surveillance operation in North Yorkshire.