A week out from his company's marquee October Yearling Sale, Tattersalls Director Jimmy George joined the TDN Writers' Room presented by Keeneland Tuesday as the Green Group Guest of the Week to discuss the increasing American participation in the sale, the booming yearling market, opportunities for American buyers with the lopsided exchange rate and more.
“It's not quite buy one, get one free, but it's very nearly that,” George said of the potential sales results of the exchange rate, where pounds are nearly equal to dollars at this point. “Honestly, the weakness of the pound is a little bit alarming in some senses to anybody who actually lives here, but for anybody trading in U.S. dollars, they will come to Book 1 of the October Sale next week and be buying the same quality of horse for 20-25% less than they were paying last year. That is a massive discount. This is an unprecedented opportunity for anyone who wants to race turf horses of the highest quality in North America. So all I can say is, take advantage. It probably won't be like this for a very long time.”
Elsewhere on the show, which is also sponsored by Coolmore, the KTOB, Lane's End, XBTV, Three Chimneys, West Point Thoroughbreds and Legacy Bloodstock, host Joe Bianca said his farewell as he moves on from the show, he and Bill Finley welcomed new co-host Zoe Cadman, and all three reacted to the sensational Saturday for superstar stallion Gun Runner. Click here to watch the show; click here for the audio-only version or find it on Apple Podcasts or Spotify.
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