"After a five-month run up in most everything, commodities and the stocks in the companies that mine, transport, process, and sell them, are still an attractive area to consider thanks to the fact that China (and I'm waging our own domestic economy ere long) is back on a growth track," Lowell Reports.

Jim Lowell writes that he is,"Particularly interested in investing in commodities that China consumes but doesn't produce enough of: a smart play in its own right. But, with the projected growth of emerging market consumers, and the re-emergent growth of US and possibly European consumers, all the world is a commodity stage."

Here is a list of the 3 ETF's he talks about with some details on each one below:

Claymore/Beacon Global Timber Index (CUT): The investment seeks results that correspond generally to the performance, before the fees and expenses, of the Clear Global Timber index. The fund normally invests at least 90% of total assets in common stock, American depositary receipts and global depositary receipts that comprise the Clear Global Timber index. It seeks a correlation over time of 0.95 or better between its performance and the performance of the index.

Claymore S&P Global Water (CGW): The investment seeks investment results that correspond generally to the performance of an equity index called the S&P Global Water index. The fund seeks to replicate, before expenses, the performance of the S&P Global Water index. The index is comprised of 50 equity securities selected, based on investment and other criteria, from a universe of companies listed on global developed market exchanges. It is nondiversified.

United States 12 Month Oil (USL): The investment seeks to replicate the changes in percentage terms of the price of light, sweet crude oil delivered to Cushing, Oklahoma, as measured by the changes in the average of the prices of 12 futures contracts on crude oil traded on the New York Mercantile Exchange. The fund will consist of the near month contract to expire and the contracts for the following eleven months, for a total of 12 consecutive monthsâ?? contracts. When calculating the daily movement of the average price of the 12 contracts each contract month will be equally weighted. It is nondiversified.