GOLD WITHOUT THE STATE

September 14, 2026

MACKGOLD | OBSIDIAN CIRCLE Department of Strategic Geopolitics and Natural Resources Why Gold Retains Its Function Regardless of Who Issues the Money Publication Date: September 15, 2026 Introduction. Who Stands Behind Value Almost every financial asset is tied to someone else’s obligation. A bank deposit…Read More

THE GOLD WE HAVE ALREADY MINED

August 31, 2026

MACKGOLD | OBSIDIAN CIRCLE Strategic Geopolitics and Natural Resources Division Why the Largest Source of Future Gold May Not Be Underground Publication Date: September 1, 2026 Introduction. An Unusual Resource Most natural resources pass through the economy only once. Oil is extracted and burned. Gas…Read More

THE COSMIC ORIGIN OF GOLD

August 14, 2026

MACKGOLD | OBSIDIAN CIRCLE Department of Strategic Geopolitics and Natural Resources Why the Metal That Changed the Course of Civilization Existed Long Before Earth Itself Publication Date: 15 August 2026 Introduction. Before Earth Existed Before gold became money, a reserve asset held by central banks,…Read More

SCARCITY AS A SOURCE OF VALUE

July 31, 2026

MACKGOLD | OBSIDIAN CIRCLE Department of Strategic Geopolitics and Natural Resources Why Scarcity Alone Does Not Create Value Publication Date: August 1, 2026 Introduction. The Most Common Economic Misconception One of the most widespread explanations for gold’s high value is the claim that its worth…Read More

GOLD AND HYDROGEN

July 14, 2026

MACKGOLD | OBSIDIAN CIRCLE Department of Strategic Geopolitics and Natural Resources Why the Oldest Metal Is Becoming Part of the Energy Systems of the Future Publication Date: July 15, 2026 For thousands of years, gold has remained a symbol of stability and permanence. Civilizations measured…Read More