How about softs/grains.
Sugar has had a stellar run last year and and equally tradeable sell-off this year. (Futures are just as easy to short as to long.)
The grains are the latest to go on a bullish little romp. (while most of the tradeable metals have been stagnant) i.e Wheat, Corn and the Soybean complex
Check out this bullish article
Wheat Prices May Reach Record, Hurting Kellogg, Helping Funds
By Tony C. Dreibus and Jeff Wilson
Oct. 30 (Bloomberg) -- A growing scarcity of wheat may send prices for the world's most-planted crop to their highest in the next six months, threatening to spur inflation in China and India and increase costs for food companies.
Reduced production because of droughts in Australia, Ukraine and the U.S. sent wheat skyrocketing 50 percent this year. Prices may jump 47 percent more to $7.50 a bushel on Chicago futures markets, matching the 1996 record, said Brent Harris, who runs the $14 billion Commodity Real Return Strategy Fund for Pacific Investment Management Co. in Newport Beach, California. Michael Lewis at Deutsche Bank AG in London said grains will outperform all other commodities in 2007....