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Organics

Silver Premium Member
  • Posts

    332
  • Joined

  • Last visited

  • Trading Feedback

    100%
  • Country

    Portugal

Everything posted by Organics

  1. Hi All 👋 It’s a bit of a long one. So apologies in advance 🤦‍♂️. I’ve been stacking for a little over two years now (basically since “this” all started). The other day I was talking to friend of mine (who’s heavily into crypto) and he asked me why I do it. I explained that I don’t do it as an “investment” or to “get rich quick”. I stack for several reasons. Savings, hedge against inflation, wealth preservation, staying out of the system and a protection against a financial meltdown. However I also added that I like the fact that there’s no third party liability (if you don’t hold it, you don’t own it, as the saying goes) and if (as is happening to many around the world right now for no apparent reason) my bank decides to press a button and freeze my account, I still have a way to feed my family. Sell some bullion to get cash and buy food, pay bills, etc. He understood this and thought it all made sense. However he asked me a question that I couldn’t answer and one that I’m putting out there for some responses. He asked me what I would do when CBDC’s are introduced and cash is taken out of society. He acknowledges that I’ll still have the bullion to sell, but if cash doesn’t exist and banks are controlling what people can spend or not spend their money on (or even freezing accounts if you’re “not following the rules”), how will having bullion help? I can still sell my bullion but the money would go into a bank account that’s highly controlled and I’m back in the system. Now I did say that I’d use my silver as a form of bartering to pay for goods or services, but that’s going to take time and in a relatively poor western country like Portugal, I don’t think it’s going to be easy. If I was in the U.K, USA, or one of the other more affluent European countries, I think the barter system would be a possibility. I said I’d come back to him once I had a chance to think 🤔. Would love to hear some opinions. 🙏🙏🙏
  2. Thanks for the heads up 👍. I’ll have a look at them 🙏
  3. Hello Spanishsilver 👋, Thanks for your message. One of the bullion dealers I use in Germany only ships gold to Portugal (not silver) and the other doesn't ship outside of Germany. Fedex and UPS are two of the worst here in Portugal. I make sure anything I can get shipped here, that they use DHL.
  4. Thanks Mikk Thank you. Look forward to being an active member.
  5. Hi All, So I'm new on here and have been living in Portugal for a few years. Have been stacking for a little while now but trying to buy bullion here is not easy. There are so few dealers and the prices are high. They tend to concentrate on Portuguese monarchy and collectors pieces, which I'm not really interested in. I have been buying in Germany, sending the order to family there (as they won't post internationally) and wait for them to visit to bring it with them. So I was wondering if there were any other like minded stackers in Portugal who would like to connect. If there is please get in touch. I look forward to being an active member on here now. Best.
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