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.
Ninja literally made gaming mainstream
twitchquotes:Ninja literally made gaming mainstream. Before him people looked down on gaming like it was only for nerds or whatever. He made it okay for everyone to play video games without beings called a virgin or nerd.
Ninja literally made gaming mainstream. Before him people looked down on gaming like it was only for nerds or whatever. He made it okay for everyone to play video games without beings called a virgin or nerd.
Somewhere in a parallel universe, Europe didn't need to be saved by America
twitchquotes:I am coming back from my 10 minute ban, and I want to say that I think it was bullshit. Yes, I wrote a funny paragraph that turned into copypasta, which happened to bring a laugh or a smile to a few people. If you mods wanted that to stop, you could have just said so, there is so much copypasta going on in this chat that I could have never thought that deserved a 10 minute ban. Reggie is probably a mod in here and he is the one that banned me. Anyway, I'm glad to be back
I am coming back from my 10 minute ban, and I want to say that I think it was bullshit. Yes, I wrote a funny paragraph that turned into copypasta, which happened to bring a laugh or a smile to a few people. If you mods wanted that to stop, you could have just said so, there is so much copypasta going on in this chat that I could have never thought that deserved a 10 minute ban. Reggie is probably a mod in here and he is the one that banned me. Anyway, I'm glad to be back
Does it look like I give a duck about your chat experience?
twitchquotes: DOES IT LOOK LIKE I GIVE A DUCK ABOUT YOUR CHAT EXPERIENCE?
DuckerZ DOES DuckerZ IT DuckerZ LOOK DuckerZ LIKE DuckerZ I DuckerZ GIVE DuckerZ A DuckerZ DUCK DuckerZ ABOUT DuckerZ YOUR DuckerZ CHAT DuckerZ EXPERIENCE? DuckerZ