Inventory Lost at Login

[Dyne]

Just logged in tonight, at about 1:40 AM EST on December 9th, 2012. Hopped on Ventrilo and was chatting with my buddy and he mentioned that his entire inventory was wiped when he logged on today. I was thinking to myself that it was strange. As my character loaded up I opened my inventory and backpack (where I keep my usual saber, pickaxe, shovel, and metal axe) and everything was gone. I checked all the places I keep my tools and nothings accounted for. I also had a ton of food in my inventory and I never leave my character logged in unattended so I definitely didn't get KO'ed. What gives?