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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.
Team Liquid visited an orphanage in Taipei
twitchquotes:After their game, Team Liquid visited an orphanage in Taipei. "It's heartbreaking to see their sad little faces with no hope", said Charlie, age 6.
After their game, Team Liquid visited an orphanage in Taipei. "It's heartbreaking to see their sad little faces with no hope", said Charlie, age 6.
Hey Jon Snow, im drafting a rogue deck in arena
twitchquotes:Hey Jon Snow, im drafting a rogue deck in arena and i'm 29 cards in. Should I pick backstab (like you got backstabbed by your fellow brothers), betrayal (like how they betrayed you) or shiv (like how you got shived multiple times).
Hey Jon Snow, im drafting a rogue deck in arena and i'm 29 cards in. Should I pick backstab (like you got backstabbed by your fellow brothers), betrayal (like how they betrayed you) or shiv (like how you got shived multiple times).
What is inside that taco? Reynad's tournament wins
twitchquotes: WHAT IS INSIDE THAT TACO 0 OH NO IT'S REYNAD'S TOURNAMENT WINS