"The illusion of abundance is likely behind us. I said as much on CNBC this Monday, and I got long gold, silver and agriculture last week." 

"Ukraine and Russia dropping out of the market could trigger a new global grain crisis." 

"The window to normalize before winter is rapidly closing..." 

However, as always, there is a silver lining, which is that disruption brings opportunities as well as risks...

"Almonty controls one of the largest and highest-grade tungsten deposits outside of China at precisely the..." 

Making matters worse is the blowout in diesel crack spreads.

"Hence, a gas shortage could ensue late ..." 

Freeport-McMoRan, First Quantum Minerals... 

" ... crop and price effects are still building and agricultural impacts lag the oceanic peak by 6 to 12 months."

"The problem right now is the water levels are dropping steadily, and it's not supposed to be doing that from..." 

"With an exclusive license, and now competing at cost parity (or below) to Germanium..." 

On Wednesday a "massive" Ukrainian drone & missile strike was unleashed,,,

Aluminum prices in London hit a seven-week high...

"It's no surprise most engagement rings are now using lab diamonds." 

".... forcing importers to diversify origins and keeping support under higher-quality wheat values."

Federal officers seized 454 kilograms of cocaine, or 1,002 pounds, from an attached flatbed trailer at the Calexico Port of Entry

The United Arab Emirates has managed to boost its oil exports to pre-crisis levels as early as June, as it has kept pushing crude through the Strait of Hormuz and outside it.  

"Chances of a very strong El Niño are rising. Risks are concentrated in select EMs..."

Grain prices are becoming more sensitive to weather as traders question whether forecasts for bumper US corn and soybean harvests are too optimistic.

"These alternative sources should help mitigate supply..."