The second meeting at Al Ain Racecourse on Friday was highlighted by a conditions race over 1,600 metres, which was a case of deja vu thanks to the victory of Bigg N Rich, the winner of an identical race at the track's first meeting four weeks ago.
Trained by Abu Dhabi-based Eric Lemartinel, Bigg N Rich was settled just off the pace by James Doyle. The pair could be seen to be well in control at the top of the long straight and Doyle was happy to wait until about the 300m marker before easing his mount to the front to record a smooth victory.
“He clearly loves these all-weather surfaces,” Doyle said. “He won at Meydan on all-weather earlier this year. But he has also won on dirt and turf as well.”
Lemartinel completed a double with Simbar Du Loup, the winner of the concluding 2,600m handicap.
The only thoroughbred contest, a 1,600m handicap, was won in style by local debutant Jeeran, ridden by Paul Hanagan for his main employer, Sheikh Hamdan bin Rashid and trained by Doug Watson. Seemingly outpaced in the early stages behind a strong early gallop, Hanagan’s mount ran well in the straight to lead 100m out.
“Stamina really seems to be his forte,” Hanagan said. “This 1,600m would be his minimum trip.”
The meeting opened with a 1,400m maiden and former UAE champion jockey Wayne Smith made a winning start to his Al Ain career, landing the spoils on SNS Nujood.
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Company%20Profile
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How to get exposure to gold
Although you can buy gold easily on the Dubai markets, the problem with buying physical bars, coins or jewellery is that you then have storage, security and insurance issues.
A far easier option is to invest in a low-cost exchange traded fund (ETF) that invests in the precious metal instead, for example, ETFS Physical Gold (PHAU) and iShares Physical Gold (SGLN) both track physical gold. The VanEck Vectors Gold Miners ETF invests directly in mining companies.
Alternatively, BlackRock Gold & General seeks to achieve long-term capital growth primarily through an actively managed portfolio of gold mining, commodity and precious-metal related shares. Its largest portfolio holdings include gold miners Newcrest Mining, Barrick Gold Corp, Agnico Eagle Mines and the NewMont Goldcorp.
Brave investors could take on the added risk of buying individual gold mining stocks, many of which have performed wonderfully well lately.
London-listed Centamin is up more than 70 per cent in just three months, although in a sign of its volatility, it is down 5 per cent on two years ago. Trans-Siberian Gold, listed on London's alternative investment market (AIM) for small stocks, has seen its share price almost quadruple from 34p to 124p over the same period, but do not assume this kind of runaway growth can continue for long
However, buying individual equities like these is highly risky, as their share prices can crash just as quickly, which isn't what what you want from a supposedly safe haven.
How to turn your property into a holiday home
- Ensure decoration and styling – and portal photography – quality is high to achieve maximum rates.
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BEETLEJUICE BEETLEJUICE
Starring: Winona Ryder, Michael Keaton, Jenny Ortega
Director: Tim Burton
Rating: 3/5
The%20specs
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The specs
Engine: 6.2-litre V8
Transmission: seven-speed auto
Power: 420 bhp
Torque: 624Nm
Price: from Dh293,200
On sale: now
The specs
Engine: 1.5-litre 4-cylinder petrol
Power: 154bhp
Torque: 250Nm
Transmission: 7-speed automatic with 8-speed sports option
Price: From Dh79,600
On sale: Now
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FIGHT%20CARD
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The Bio
Name: Lynn Davison
Profession: History teacher at Al Yasmina Academy, Abu Dhabi
Children: She has one son, Casey, 28
Hometown: Pontefract, West Yorkshire in the UK
Favourite book: The Alchemist by Paulo Coelho
Favourite Author: CJ Sansom
Favourite holiday destination: Bali
Favourite food: A Sunday roast
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Scoreline
Swansea 2
Grimes 20' (pen), Celina, 29'
Man City 3
Silva 69', Nordfeldt 78' (og), Aguero 88'