Whoddathunk!

Due to the pressure of falling commodity prices the TSX has fallen from 15,000 points only a couple months ago to around 13,000 points today.

Oil has fallen from nearly $150/bbl to $112/bbl today.
Gold has fallen from its lofty heights around $1000/oz to $780/oz today.
Most other commodity prices have fallen dramatically over the past two months.

For anyone unfamiliar with market volatility in a commodity based economy, you just got your first lesson. It's possible to make and / or lose a lot of money very quickly.

For any long term investment strategy, diversification is important, otherwise you need near perfect timing to avoid the dramatic ups and downs. Diversification doesn't mean holding 5 different energy trusts either, I mean truly non-correlated assets.