"Net Inflows into Physical Commodities"

In a follow-up to yesterday's Bloomberg story, "Commodities to Tumble as Deflation `Blob' Eats Credit: Technical Analysis""where I went rambling off on a cocoa riff*, FT Alphaville's Izabella Kaminska actually comes up with something useful:
A blob in commodity flows

...In which case, the following chart from Société Générale reflecting net inflows into physical commodities might be worth watching:

A trend matched by the net inflow into equity mutual funds investing in the energy sector:

And a turnaround that’s only really matched in other asset classes by the net inflow of money into bond mutual funds in Japan...MORE

*It was timely however:
Cocoa Falls to Two-Week Low in New York on Outlook for Supplies