Mole Chili

Ingredients

• 3 ancho chiles, stemmed and seeded
• 1 quart beef stock
• 1 tablespoon vegetable oil
• 4 slices lean, smoky bacon, chopped
• 2 pounds ground sirloin
• 1 large onion, finely chopped
• 4 cloves garlic, finely chopped
• Freshly ground black pepper
• 2 tablespoons tomato paste
• 1 (15-ounce) can diced fire-roasted tomatoes
• 2 tablespoons smoked sweet paprika for mild mole, or chili powder for spicy mole, a couple of palmfuls
• 1 tablespoon coriander, a palmful
• 2 tablespoons unsweetened cocoa powder
• 1/2 teaspoon ground cinnamon
• Salt, if necessary
• 2 cups shredded or crumbled extra-sharp white Cheddar
• 1 small red onion, finely chopped

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