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:Hey guys, I want to tell you about a terrible experience I had. I'm a 12 year old boy, I'm quite a nice guy but I've had a rough time lately. My dad left us a few years ago and my mom beats me. I'm very shy and I am bullied at school. Anyways, I played Hearthstone to take my mind of all this stuff. I played Kripp and he said I was a "Mind-blowingly bad hunter", "This guy is a garbage human being", and he said that I'm "a super shit person". He hated me so much and this makes me very sad.
Hey guys, I want to tell you about a terrible experience I had. I'm a 12 year old boy, I'm quite a nice guy but I've had a rough time lately. My dad left us a few years ago and my mom beats me. I'm very shy and I am bullied at school. Anyways, I played Hearthstone to take my mind of all this stuff. I played Kripp and he said I was a "Mind-blowingly bad hunter", "This guy is a garbage human being", and he said that I'm "a super shit person". He hated me so much and this makes me very sad. :(
I CTRL V THINGS INTO CHAT BECAUSE I AM A MINDLESS RETARD