Actually cash has not been king since early March 2009. The sharemakets and most commodities have been booming around the globe (except China has just gone down a bit after its hectic burst).
This has been a stealth bull market (see marketoracle.com.uk).
The question is where are we headed in the short to medium term, say to mid 2010? Could be another 20% higher. Government interest rates are very low across the world, which is bullish as are all the govt deficits and spending.
troyus, tell us when the change is coming. I am 50% cashed up, and feeling impatient. In the meantime my major investment in goldies has gone nowther for almost 3 months. Good luck with your gold $800/ounce prediction.