Oh my gourd, I am financially ruined (agricultural futures)
I have lost everything, and I'm not sure how to continue. This summer I invested $17,500 (six months salary and my entire life savings) into ornamental gourd futures, hoping to capitalize on this lucrative emerging industry. After watching a video about Vincent Kosuga and his monopoly on onions, I decided I'd try to do something similar with another vegetable. I did some research and found out many agricultural forecasters expected this year's gourd yield would be far smaller than the past, due to deteriorating soil conditions in central Mexico and a warmer-than-average spring. At first, demand soared around Halloween and prices skyrocketed, but the gourd bubble burst on November 12th. Unfortunately, the coronavirus caused a massive drop-off in demand due to fewer families decorating their tables for thanksgiving, and prices plummeted. I had invested early enough that I thought I would still be fine, but then on the morning of December 2nd, a new email in my inbox caused my stomach to turn into a pretzel. The massive gourd shipment from Argentina, scheduled for early March, had arrived. I was planning on selling off my futures right before this, in February, but this ruined everything. To top it off, the gourds in this shipment were absolutely gargantuan, some topping 4 pounds each, causing the price-per-pound to drop like an anchor into the range of 6 cents per pound. I am ruined.
I have lost everything, and I'm not sure how to continue. This summer I invested $17,500 (six months salary and my entire life savings) into ornamental gourd futures, hoping to capitalize on this lucrative emerging industry. After watching a video about Vincent Kosuga and his monopoly on onions, I decided I'd try to do something similar with another vegetable. I did some research and found out many agricultural forecasters expected this year's gourd yield would be far smaller than the past, due to deteriorating soil conditions in central Mexico and a warmer-than-average spring. At first, demand soared around Halloween and prices skyrocketed, but the gourd bubble burst on November 12th. Unfortunately, the coronavirus caused a massive drop-off in demand due to fewer families decorating their tables for thanksgiving, and prices plummeted. I had invested early enough that I thought I would still be fine, but then on the morning of December 2nd, a new email in my inbox caused my stomach to turn into a pretzel. The massive gourd shipment from Argentina, scheduled for early March, had arrived. I was planning on selling off my futures right before this, in February, but this ruined everything. To top it off, the gourds in this shipment were absolutely gargantuan, some topping 4 pounds each, causing the price-per-pound to drop like an anchor into the range of 6 cents per pound. I am ruined.
Copy whatever that brain dead moron types
twitchquotes:I swear all this chat ever does is pick the one idiot with the lowest IQ and copy whatever that brain dead moron types.
twitchquotes:Greeting Andrey, this is your Mother. I heard earlier that you "maybe" 420 blaze it. I am very concerned. I dont like that Jeffery boy and I dont think you should hang out with him anymore. I hope the rest of you concerned mothers in twitch chat will copy paste this so my son will see..
Greeting Andrey, this is your Mother. I heard earlier that you "maybe" 420 blaze it. I am very concerned. I dont like that Jeffery boy and I dont think you should hang out with him anymore. I hope the rest of you concerned mothers in twitch chat will copy paste this so my son will see..
Dont believe me? watch me post this on my other accounts
twitchquotes:I like how [insert streamer name] doesn't realize that all his viewers are me on different accounts. Dont believe me? watch me post this on my other accounts
I like how [insert streamer name] doesn't realize that all his viewers are me on different accounts. Dont believe me? watch me post this on my other accounts