I've talked a lot about commodity index and ETF growth. How about the latest rise of absolute-return funds? These are the newest, most-broadly-defined target return funds that are attracting billions of scared dollars quarterly from institutional and retail investors. They target a return above whatever index they arbitrarily track (it could be a dividend or bond rate) and promise steady, if low returns to investors. Such promises leave lots of room for unbounded investment strategies, almost all of which will involve derivatives on commodities and increasing investment in the space. This is what's growing in the financial world, folks, not mutual funds. The smart guys see it. Listen to Jeremy Grantham and his thinly-veiled prediction of alternatives delivering returns for the next seven years. Listen to Jim Rogers or Mark Faber. Or listen to no one and watch the money flow. It's telling you something. Something no one else has decided to watch right now. The commodity trade remains a place you must be.