Richardcyoung.com

  • Home
  • Debbie Young
  • Jimmy Buffett
  • Key West
  • Your Survival Guy
  • How We Are Different
  • Paris
  • About Us
    • Foundation Principles
    • Contributors
  • Investing
    • You’ve Read The Last Issue of Intelligence Report, Now What?
  • The Great Reset
  • The Swiss Way
  • My Rifles
  • Dividends and Compounding
  • Your Security
  • Dick Young
  • Dick’s R&B Top 100
  • Liberty & Freedom Map
  • Bank Credit & Money
  • Your Survival Guy’s Super States
  • NNT & Cholesterol
  • Your Health
  • Ron Paul
  • US Treasury Yield Curve: My Favorite Investor Tool
  • Anti-Gun Control
  • Anti-Digital Currency
  • Joel Salatin & Alfie Oakes
  • World Gold Mine Production
  • Fidelity & Wellington Since 1971
  • Hillsdale College
  • Babson College
  • Artificial Intelligence Opposed
  • Contact Us

Got Cash?

May 5, 2025 By E.J. Smith - Your Survival Guy

By Alex Pios @ Adobe Stock

When the lights go out, like they did last week in Spain and Portugal, you don’t want to rely on being able to beg your way for food and water. Which is why having cash on hand may be your saving grace to remove some of the uncertainty in desperate times.

Many Spaniards and Portuguese took the power outages in stride, settling in to enjoy some time without the pesky internet bothering their day. They enjoyed a glass of wine or beer in the local park, as developer Alex Socoloff explained in a post on X.com:

Massive power blackout in Spain and Portugal! No internet, payment are off and flights are cancelled.

Media: Chaos! People are in Panic!

What really happened: We just took blankets, beer and had a great time all together. pic.twitter.com/VQsxXexmEc

— Alex Socoloff (@socoloffalex) April 28, 2025

Is Your Family Prepared for the Next Disaster? Click Here to Survive and Thrive

But for people stuck in airports, and train stations, and those who needed basic supplies, things were trickier. Some shoppers began panic buying, and riders were forced to walk through tunnels on metro systems.

The large, massive power outage that broke out in Portugal, Spain, and parts of France just shows the chaos that will occur when the Earth’s magnetic field totally diminishes, as we are currently in a geomagnetic excursion.

The super markets are using electricity from their… pic.twitter.com/TcnxFvw5BA

— Open Minded Approach (@OMApproach) April 28, 2025

Spain in chaos after massive power blackout.

pic.twitter.com/Oj16Ywvk1j

— Defiant L’s (@DefiantLs) April 28, 2025

Up on the surface, most traffic situations were reportedly handled with courtesy, but as you can see in the video below, there were some snarls.

No power in Portugal and Spain!! Wow!! Chaos pic.twitter.com/STgIt1xcx9

— Sonto Ndlovu❤ (@sontondlovu) April 28, 2025

The most frightening outcome of the blackout, even after power was restored in many areas, was that digital payments became impossible while the internet was down, and cash was, once again, king. Watch below as Euronews reporter Sándor Zsíros describes the situation:

“Card payments aren’t working. You can’t buy food without cash.”

Euronews reporter @EuroSandor, in Valencia for the EPP Congress, reports on the nationwide power outage in Spain. pic.twitter.com/kO6wggLmMI

— euronews (@euronews) April 29, 2025

Action Line: How much cash do you have on hand? Is it enough to buy your groceries for the week? How about a taxi ride home from work without access to a payment app? Do you have enough to pay for your next prescription refill? Think of your cash in terms of categories. You need survival cash. That’s cash that will be there for you when the power goes out. Maybe start with a month’s worth of essentials (food, medicine, gas, tolls, etc.). The other category is your lazy cash. This is cash that’s sitting in your accounts, not earning you anything. Put that cash to work. When you want to talk about putting your lazy cash to work, and about how Your Survival Guy is preparing with his own cash, email me at ejsmith@yoursurvivalguy.com. And click here to subscribe to my free monthly Survive & Thrive letter.

Originally posted on Your Survival Guy.

If you’re willing to fight for Main Street America, click here to sign up for the Richardcyoung.com free weekly email.

Related Posts

  • Survival Cash
  • Your Survival Guy’s Guide to Your Lazy Cash
  • What’s Your Survival Guy Doing with His Cash?
  • Get Your Lazy Cash Working
  • Author
  • Recent Posts
E.J. Smith - Your Survival Guy
E.J. Smith - Your Survival Guy
E.J. Smith is Founder of YourSurvivalGuy.com, Managing Director at Richard C. Young & Co., Ltd., a Managing Editor of Richardcyoung.com, and Editor-in-Chief of Youngresearch.com. His focus at all times is on preparing clients and readers for “Times Like These.” E.J. graduated from Babson College in Wellesley, Massachusetts, with a B.S. in finance and investments. In 1995, E.J. began his investment career at Fidelity Investments in Boston before joining Richard C. Young & Co., Ltd. in 1998.

E.J. has trained at Sig Sauer Academy in Epping, NH, NH, where he completed course-work in Practical and Defensive Handgun, Conceal Carry Pistol, Shotguns, Precision Scope Rifle and Kidnapping Prevention.

E.J. plays a Yamaha Recording Custom drum set with Zilldjian cymbals. His first drum set was a 5-piece Slingerland with Zildjians. He grew-up worshiping Neil Peart (RIP) of the band Rush, and loves the song Tom Sawyer—the name of his family’s boat, a Grady-White Canyon 306. He grew up in Mattapoisett, MA, an idyllic small town on the water near Cape Cod. He spends time in Newport, RI and Bartlett, NH—both as far away from Wall Street as one could mentally get. The Newport office is on a quiet, tree lined street not far from the harbor and the log cabin in Bartlett, NH, the “Live Free or Die” state, sits on the edge of the White Mountain National Forest. He enjoys spending time in Key West (RIP JB) and Paris.

Please get in touch with E.J. at ejsmith@yoursurvivalguy.com

Click here to sign up for my free monthly Survive & Thrive letter.
E.J. Smith - Your Survival Guy
Latest posts by E.J. Smith - Your Survival Guy (see all)
  • Survive - May 9, 2025
  • May RAGE Gauge: Survive - May 8, 2025
  • “Investors Need to Beat Back This Mighty Foe,” Dick Young - May 7, 2025

Dick Young’s Must Reads

  • America’s Colleges Have Become Progressive Liberal Rat Holes
  • The Federal Reserve is “Almost Everything” that Threatens America
  • Who Is Alex Jones?
  • YOU DESERVE FREEDOM: Your Hard Work Will Make It Happen
  • Your Survival Guy at Fidelity and Your RMD Compliance
  • Escape From the City: You’re Going to Like What You See
  • Who Will Pay the Price for LEDs?
  • Conflict Between Democratic Sovereignty and Transnational Progressivism (Globalism)
  • DONBAS: Russian Tanks Face Gauntlet of Death from Javelin Wielding Ukrainians
  • My Key West Garden Office

Compensation was paid to utilize rankings. Click here to read full disclosure.

RSS Youngresearch.com

  • Survive
  • GLE Advances ‘Holy Grail’ of Enrichment
  • Reusable Hypersonic Era Takes Off Again
  • Fusion Milestone: ITER Magnet System Finished
  • More Young Adults Diagnosed with Cancer
  • May RAGE Gauge: Survive
  • US May Ease Global AI Chip Export Limits
  • Energy Dominance: DOE Outlines FY2026 Budget Under Trump Directive
  • Manufacturing Shines Amid Broader U.S. Productivity Decline
  • Ghost Ships on Radar: China’s New Tech Mimics Entire Navy Fleets

RSS Yoursurvivalguy.com

  • Survive
  • Investing Mistakes to Avoid: #1 Y-O-U
  • Mike Rowe Keeping Families Together
  • May RAGE Gauge: Survive
  • Investing Mistakes to Avoid: #2 Tomorrowland
  • Drone Wars: US and China Showcase Next-Gen Microwave Weapons
  • Solving America’s Missile Shortage
  • BUILDING A GO BAG: Taking Action Is Hard
  • “Investors Need to Beat Back This Mighty Foe,” Dick Young
  • Why the Push for Low Rates?

US Treasury Yield Curve: My Favorite Investor Tool

My Key West Garden Office

Your Retirement Life: Traveling the Efficient Frontier

Live a Long Life

Your Survival Guy’s Mt. Rushmore of Investing Legends

“Then One Day the Grandfather was Gone”

Copyright © 2025 | Terms & Conditions | About Us | Dick Young | Archives