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.
Your "Twitch Viewer Bot" subscription will soon expire
twitchquotes:nl_Kripp your "Twitch Viewer Bot" subscription will soon expire to continue using our services please renew your account by logging into your account and from the home page go to: My account > Viewbot Status > Renew subscription. This message will repeat until the end of your subscription in 72 hours. Thank you for your dedicated service.
nl_Kripp your "Twitch Viewer Bot" subscription will soon expire to continue using our services please renew your account by logging into your account and from the home page go to: My account > Viewbot Status > Renew subscription. This message will repeat until the end of your subscription in 72 hours. Thank you for your dedicated service.
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
some times i supper glue my thumbs
twitchquotes:some times i supper glue my thumbs to my nipples and pretend im a t rex
FeelsBadMan Only a true failure can fail to build a pyramid FeelsBadMan FeelsBadMan May as well not even bother FeelsBadMan FeelsBadMan FeelsBadMan And Still my pyramid sucks