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.
twitchquotes:69 is so funny. Whenever I hear it, I just burst out laughing. I run out into the living room and grab the Tv remote. I start flicking through the channels. “You guys, it’s so funny, you’ll laugh so hard!” I can barely get it out as I’m laughing so hard, banging the table and snickering while I flick through the TV channels. I finally get to The CW, and the number 69 is on the bottom right-hand corner of the screen! My family and friends who were over all stand up in tremendous applause, and my wife and children come back from upstate to be with my comedic genius!
69 is so funny. Whenever I hear it, I just burst out laughing. I run out into the living room and grab the Tv remote. I start flicking through the channels. “You guys, it’s so funny, you’ll laugh so hard!” I can barely get it out as I’m laughing so hard, banging the table and snickering while I flick through the TV channels. I finally get to The CW, and the number 69 is on the bottom right-hand corner of the screen! My family and friends who were over all stand up in tremendous applause, and my wife and children come back from upstate to be with my comedic genius!
Jerma crushed by a CRT television
On September 20th, 2018, authorities arrived on the scene Thursday to find Jerma (Jeremy “Nine-hundred eighty-five” Elbertson, 32) dead on the scene. Medical experts say he died from natural causes after being pinned under a CRT television weighing only 35 pounds.
On September 20th, 2018, authorities arrived on the scene Thursday to find Jerma (Jeremy “Nine-hundred eighty-five” Elbertson, 32) dead on the scene. Medical experts say he died from natural causes after being pinned under a CRT television weighing only 35 pounds.