Japanese jockey Yasunari Iwata (white cap) rides five-year-old mare Buena Vista to victory in the Japan Cup.
Japanese jockey Yasunari Iwata (white cap) rides five-year-old mare Buena Vista to victory in the Japan Cup.

Buena Vista too strong for Victoire Pisa and Danedream



Victoire Pisa finished a disappointing 13th in his first start since winning the Dubai World Cup in March as Buena Vista romped to victory in the 2,400-metre Japan Cup on Sunday.

Buena Vista, the 2010 Group 1 Dubai Sheema Classic runner up, was guided home by Yasunari Iwata to complete a 1-2-3 finish for Japanese horses.

The five-year-old mare caught the front-running Tosen Jordan in the last 100 metres to win in two minutes 24.2 seconds.

"Buena Vista showed her strength today," Iwata said. "She proved she is the strongest horse right now. I hadn't won a race with her before, so I'm really happy that we made the best running to win today."

Jaguar Mail was third, one-and-three-quarters lengths further back at Tokyo Racecourse.

Danedream, the Prix de l'Arc de Triomphe champion, finished sixth. Victoire Pisa's failure to challenge the leaders meant Mirco Demuro lost for the first time with the four-year-old colt.

Our legal consultant

Name: Dr Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

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.

Wonka

Director: Paul King

Starring: Timothee Chalamet, Olivia Colman, Hugh Grant

Rating: 2/5

TV: World Cup Qualifier 2018 matches will be aired on on OSN Sports HD Cricket channel


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