Golden Slippers!

I've been thinking of inviting a few people I know to emerge from out of the shadows and post a few things here - I'm not sure they will be prepared to, however. We shall see.

Meanwhile, I am having to resort to 'food porn' or 'doomer porn' - I shall have to attribute that to whomever on the Bear Chat Forum used that phrase as soon as I go back and check... (It was 'SpongeRob').

Yellen's Fed has continued what the idiot Bernanke started, and the Euro-Zone gangsters are clinging onto, and this has none too subtly destroyed the meaning of money and risk. On the one hand we are meant to believe interest rates have never been lower, on the other, billionaire Australian mining magnate Andrew 'Twiggy' Forrest couldn't get his corporate bond issue set at anything like decent odds in the market last week and has called the whole thing off - which simply tells me what I already know, 'benchmark' and 'risk free' rates are fictional right now.

And so, here I am, in the position of considering tomorrow's Golden Slipper horse race as the nearest thing to a real money market that I can see anywhere right now. 

Seldom will I 'declare' a particular horse 'the winner' before a race, but on this occasion I find it is possible for me to seriously consider putting my own money on this:

'Vancouver'

If you look closely, you will see that these kinds of Australasian thoroughbreds run with a straighter at the knee action than their counterparts in England and the rest of Europe for the most part. And this is because the grass is flatter here, better cut, and tends not to have the thick, muddy under-surface which characterizes so much of European flat courses. the consequence being that European horses are (possibly) given medications to ease knee problems they get by lifting and banging their legs down on the track surface after trying to extricate their hoofs from the mud.

With the possible exception of the best Japanese stables, Australasian and New Zealand horses are the best shorter distance to derby distance racers in the world, and they are a remarkably good investment from the breeding perspective given the comparative genetic talent available in this location. They almost always 'translate' to other regions, whereas the foreign horses do not always by any means.

I know that either before, or even during, but most certainly after, this year's Golden Slipper, I shall be indulging in food and/or drink porn so here is a suggestion along those lines:

A Golden Slipper from the Purple Bar,
at Sanderson's Hotel in London.