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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.
I have a REAL and GENUINE relationship with my streamers
twitchquotes:OMG this guy is so wrong. As a longtime sub and donator, I have a REAL and GENUINE relationship with my streamers. When I send them donos they thank me personally on stream so I'm pretty sure they know who I am haha
OMG this guy is so wrong. As a longtime sub and donator, I have a REAL and GENUINE relationship with my streamers. When I send them donos they thank me personally on stream so I'm pretty sure they know who I am haha
Albert Einsteinerino
twitchquotes:hello kripp, my name is Albert Einsteinerino, and I've been a huge fan of yours. You've inspired me to quit my physics degree and pursue my dream of playing video games all day asking for donations from people. Thank you for motivating me to go after my dream
hello kripp, my name is Albert Einsteinerino, and I've been a huge fan of yours. You've inspired me to quit my physics degree and pursue my dream of playing video games all day asking for donations from people. Thank you for motivating me to go after my dream
COPERINO FRAPPUCCIONO PASTARINO'D THE WRONG DONGERINO
twitchquotes:༼ ºل͟º༼ ºل͟º༽ºل͟º ༽ YOU COPERINO FRAPPUCCIONO PASTARINO'D THE WRONG DONGERINO ༼ ºل͟º༼ ºل͟º༽ºل͟º ༽