That will never happen. There is no way the RBA would let the dollar depreciate that much that fast.
If that truly is your prediction then buy up resource stocks mining solely in Australia because you're also predicting a doubling in sales revenue based on current resource prices and no movement in production. (Resources are sold in USD and when converted to AUD will double with a 50% fall in the value of AUD).
Given no cost of production increases and doubling revenue companies profits will go through the roof by many multiples, along with share prices.
You could sell your FBR now then buy back in after a year and probably double or triple your holding.
It's just not a realistic thing to say.
FBR Price at posting:
7.8¢ Sentiment: Hold Disclosure: Not Held
