He says that it only takes a rise of 1% in interest rates to render the fed insolvent.
So I wasn't talking BS when I said interest rates are very important for the assets of the federal reserve and the bank's balance sheet. When interest rates rise, bad things happen.
Another thing to point out is that during high inflation (Table 1: purple blocks), bonds are the worst investment as bonds won't act well in inflationary times. Farmland, gold and silver on the other hand are good performers. And as Marc Faber always points out, art and collectibles will do especially well.