GOLD AND THE VELOCITY OF MONEY

May 31, 2026

MACKGOLD | OBSIDIAN CIRCLE Department of Strategic Geopolitics and Natural Resources Why Monetary Expansion Alone Does Not Determine the Price of Gold Publication Date: June 1, 2026 Introduction. The Error of Linear Liquidity Perception In modern financial analysis, the growth of the money supply is…Read More

LIQUIDITY AND GOLD

May 14, 2026

How Capital Flows Shape the Price of the Metal Publication Date: May 15, 2026 Introduction. Price as a Function of Capital Movement Following the analysis of money, trust, real rates, and measurement structures, the next level of understanding emerges: the price of gold is formed…Read More

WHEN MEASURE DISAPPEARS

April 29, 2026

MACKGOLD | OBSIDIAN CIRCLE Department of Strategic Geopolitics and Natural Resources From Gold to Energy: The Search for a Stable Unit of Value Publication Date: April 30, 2026 Introduction. The Problem of Measurement Any economic system requires a stable unit of measurement. Without it, comparison…Read More

WHO DETERMINES THE PRICE OF TIME

April 15, 2026

MACKGOLD | OBSIDIAN CIRCLE Department of Strategic Geopolitics and Natural Resources Global liquidity, debt, and the hidden architecture of interest rates Publication date: April 15, 2026 Introduction. The price of time as the foundation of the economy The interest rate is a fundamental parameter of…Read More

REAL RATES AND GOLD.

March 31, 2026

MACKGOLD | OBSIDIAN CIRCLE Department of Strategic Geopolitics and Natural Resources REAL RATES AND GOLD The Boundary Where the Value of Money Is Determined Publication Date: April 1, 2026 Introduction The dynamics of gold prices are often interpreted through the balance of supply and demand,…Read More