Commodities at new highs!

Once again, commodities are at new highs. Some are at new highs, some are close to new highs and the precious metals are currently in the lead. Why is this? Has the reckless printing of money around the world anything to do with it? Or are speculators simultaneously attacking oil, coffee, copper, gold, silver, corn and soybeans? If printing your way to prosperity is the answer, then why doesn't the fed just send every citizen a cheque for $1,000,000. Of course, gasoline prices might just go to $50 a gallon and a 1/2 pint of strawberries might also then cost $35. H'mmm