Gold price at all time high!

Gold is at USD$1594 per oz now. I remember when I first bought it 5 years plus ago, it was about USD$400/oz..QE3 (Quantitative Easing 3 or Money printing round 3) is coming. This will lead to higher gold/silver price, higher commodities price, higher oil price, higher agriculture produce price, which leads to higher inflation, which leads to unhappy citizens which leads to riots which leads to.....