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:Today my 12 year old son and I walked into harvard to sign him up for college. The dean rudly asked what a 12 year old was doing signing up for such a prestigious institute like harvard. My son took of to reveal his Rick and Morty shirt and proclaimed "Well you see sir I watch Rick and Morty". A look of confusion came over the deans face and I have never been so proud. The dean quickly made sure to appologize to my son but it was too late, the police rushed in and dragged him out. My son passed all his classes with 4.0s and graduated top of his class in the first day of college.
Today my 12 year old son and I walked into harvard to sign him up for college. The dean rudly asked what a 12 year old was doing signing up for such a prestigious institute like harvard. My son took of to reveal his Rick and Morty shirt and proclaimed "Well you see sir I watch Rick and Morty". A look of confusion came over the deans face and I have never been so proud. The dean quickly made sure to appologize to my son but it was too late, the police rushed in and dragged him out. My son passed all his classes with 4.0s and graduated top of his class in the first day of college.
Seven flamestrikes is not a FREE TO PLAY deck
twitchquotes:Kripp, how can you even PRETEND that you are playing with a FREE TO PLAY deck when yours has seven flamestrikes? I thought this stream was newbie friendly, well apparently I was mistaken. For the sake of ***. Unsubbed, unfollowed and unremembered. Bye, Kripp.
Kripp, how can you even PRETEND that you are playing with a FREE TO PLAY deck when yours has seven flamestrikes? I thought this stream was newbie friendly, well apparently I was mistaken. For the sake of ***. Unsubbed, unfollowed and unremembered. Bye, Kripp.