
GOLD WITHOUT THE STATE

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

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

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

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

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