“Gold and dollars would have saved you definitely,” says IE Business School professor Daniel Lacalle, referring to the widespread power outage in Spain that also crippled communications and access to water recently.

In today’s interview, he tells Daniela Cambone that in a crisis like that, electronic fiat money doesn’t work. “You go to a store and you have to use this gold ring and you get food. That's for sure.” He also points out that the blackout was caused by politically driven energy policies that overly rely on volatile renewable sources without sufficient backup from stable power sources like nuclear and hydro. “The ideology of energy makes no sense… renewables are left-wing and nuclear is right-wing? That makes no sense.”

Additionally, he argues that the attack on cash reflects the elite's effort to tighten social control, referring to a promotional video from the ECB that touted the digital euro’s viability even without electricity or internet. Watch the video to learn how you can better prepare for situations like this one.

Key Facts:

Prof. Lacalle shares behind-the-scenes chaos during Spain’s blackout.

Why could Spain’s massive blackout have been prevented?

How can gold and dollars come to the rescue during blackout situations?

The ECB’s master plan to introduce a digital euro.

Could a massive blackout happen in the U.S. too?

📖 FREE RESOURCE: YOUR ULTIMATE DECISION-MAKING GUIDE ON GOLD AND SILVER: https://learn.itmtrading.com/buyers-guide-dc

📖 FREE GUIDE: Discover Daniela Cambone's Top 10 Essential Lessons for Safeguarding Your Wealth in Uncertain Times: Visit https://www.danireport.com/

📞 FREE Q&A CALL: Learn strategies to protect your future with physical gold and silver today: https://calendly.com/itmtrading/500?utm_content=DC05052025 or call 866-706-9061

📰 JOIN DANIELA'S NEWSLETTER: https://learn.itmtrading.com/daniela

👋 STAY IN TOUCH WITH ITM & DANIELA

🟩 Schedule a Strategy Session: 866-706-9061

🟩 Email us at services@itmtrading.com

🟩 Official Homepage http://www.itmtrading.com

🟩 Listen On The Go: https://anchor.fm/itmtrading

🟩 ITM's Twitter: https://twitter.com/itmtrading

🟩Daniela’s Twitter: https://twitter.com/DanielaCambone

🟩Daniela’s Newsletter: https://learn.itmtrading.com/daniela

🌎 ABOUT ITM TRADING:

For more than 28 years, Phoenix-based ITM Trading has been a nationally recognized organization for trusted, data-backed research and investor education in the precious metals industry. They strategically assist clients nationwide, specializing in the different functions that physical gold and silver products provide in a diverse portfolio. ITM Trading’s mission is to give investors the knowledge, analysis, and lifetime strategies they require to confidently navigate the intricate monetary policies that restrict economic freedoms. They help build each client a custom portfolio designed to protect and grow their wealth and assets during economic downturns, hyperinflation, and currency resets.

Disclaimer: The information provided in this video is for educational purposes only and should not be construed as financial advice. Gold and silver prices are influenced by many factors and may fluctuate. All assets carry some risk and past performance does not guarantee future results. The views expressed by our hosts or guests do not always reflect the views of ITM Trading nor guarantee a specific outcome. Always conduct your own research and consult a financial advisor before making any investment decisions.

#power #grid #cash #atm #gold #spain #cambone

ITM Trading Inc. © Copyright, 1995 - 2025 All Rights Reserved.

Cash Frozen, Power Cut: Spain’s Blackout Was the Warning Shot

ITM Trading Podcast