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.
nl_Kripp can you stop it with all the salt?
twitchquotes:nl_Kripp can you stop it with all the salt? I was trapped in a salt mine for 3 days straight without any water or food. I only survived by drinking my own urine and eating my toes. Every time I see you spitting salt everywhere it gives me terrible PTSD flashbacks. Thanks.
nl_Kripp can you stop it with all the salt? I was trapped in a salt mine for 3 days straight without any water or food. I only survived by drinking my own urine and eating my toes. Every time I see you spitting salt everywhere it gives me terrible PTSD flashbacks. Thanks.
After Reynad uses pictures of his forehead for Tinder...
twitchquotes:After Reynad began using only pictures of his forehead for his Tinder account, his amount of female attention increased drastically. One woman was particularly ready to hop in bed with him. "I'm going to make so much money off of this thirsty Ukrainian!" she said to herself. Unfortunately for her she left her phone on with Andrey's Tinder profile open and his forehead heard her. She "disappeared" within the week.
After Reynad began using only pictures of his forehead for his Tinder account, his amount of female attention increased drastically. One woman was particularly ready to hop in bed with him. "I'm going to make so much money off of this thirsty Ukrainian!" she said to herself. Unfortunately for her she left her phone on with Andrey's Tinder profile open and his forehead heard her. She "disappeared" within the week.