The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
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COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
AT&T Corp. (New) COM 00206R102   1,675 44,405 SH   SOLE   44,405 0 0
AbbVie, Inc. COM 00287Y109   1,308 18,043 SH   SOLE   18,043 0 0
Abbott Laboratories COM 002824100   907 18,668 SH   SOLE   18,668 0 0
American Express COM 025816109   1,634 19,400 SH   SOLE   19,400 0 0
Anheuser Busch InBev COM 03524a108   843 7,641 SH   SOLE   7,641 0 0
Annaly Mortgage Management, In COM 035710409   203 16,866 SH   SOLE   16,866 0 0
Apple Computer COM 037833100   812 5,638 SH   SOLE   5,638 0 0
Avista (formerly Washington Wa COM 05379B107   301 7,100 SH   SOLE   7,100 0 0
Bristol-Myers Squibb COM 110122108   1,857 33,325 SH   SOLE   33,325 0 0
Bunge Ltd. COM G16962105   1,138 15,250 SH   SOLE   15,250 0 0
CSX Corp. COM 126408103   4,089 74,950 SH   SOLE   74,950 0 0
Chevron Corporation (fmly. Che COM 166764100   1,636 15,682 SH   SOLE   15,682 0 0
Clorox Co. COM 189054109   3,099 23,257 SH   SOLE   23,257 0 0
ConocoPhillips COM 20825C104   713 16,216 SH   SOLE   16,216 0 0
Copart Inc. COM 217204106   1,438 45,250 SH   SOLE   45,250 0 0
DNP Select Income Fund (fmly. COM 23325p104   944 85,769 SH   SOLE   85,769 0 0
Disney (Walt) Holding Co. COM 254687106   2,332 21,945 SH   SOLE   21,945 0 0
Duke Energy COM 264399106   302 3,610 SH   SOLE   3,610 0 0
Duke Realty Corp. (fmly. Duke- COM 264411505   352 12,600 SH   SOLE   12,600 0 0
Edison International (formerly COM 281020107   242 3,100 SH   SOLE   3,100 0 0
Elements Rogers International COM 870297801   79 16,100 SH   SOLE   16,100 0 0
Engie (formerly GDF Suez S.A.) COM 29286D105   583 38,450 SH   SOLE   38,450 0 0
Essex Property Trust COM 297178105   2,134 8,296 SH   SOLE   8,296 0 0
Frontier Communications COM 35906a306   33 28,760 SH   SOLE   28,760 0 0
General Electric COM 369604103   401 14,830 SH   SOLE   14,830 0 0
Gilead Sciences, Inc. COM 375558103   1,600 22,600 SH   SOLE   22,600 0 0
HCP, Inc. COM 40414L109   825 25,824 SH   SOLE   25,824 0 0
Hawaiian Electric COM 419870100   1,710 52,817 SH   SOLE   52,817 0 0
Healthcare Realty Trust COM 421946104   212 6,200 SH   SOLE   6,200 0 0
Healthcare Services Group, Inc COM 421906108   300 6,400 SH   SOLE   6,400 0 0
Intel Corp. COM 458140100   2,637 78,150 SH   SOLE   78,150 0 0
International Business Machine COM 459200101   634 4,119 SH   SOLE   4,119 0 0
Johnson & Johnson COM 478160104   1,257 9,500 SH   SOLE   9,500 0 0
Kellogg Co. COM 487836108   1,737 25,000 SH   SOLE   25,000 0 0
Kimberly-Clark COM 494368103   1,478 11,450 SH   SOLE   11,450 0 0
Leggett & Platt, Inc. COM 524660107   861 16,400 SH   SOLE   16,400 0 0
Lilly, Eli COM 532457108   1,490 18,100 SH   SOLE   18,100 0 0
Lockheed Martin Corp. COM 539830109   1,378 4,965 SH   SOLE   4,965 0 0
Mattel, Inc. COM 577081102   543 25,200 SH   SOLE   25,200 0 0
Medical Marijuana, Inc. COM 58463A105   4 40,000 SH   SOLE   40,000 0 0
Merck & Co. COM 589331107   3,529 55,065 SH   SOLE   55,065 0 0
Microchip Technology, Inc. COM 595017104   2,798 36,250 SH   SOLE   36,250 0 0
Microsoft COM 594918104   3,597 52,183 SH   SOLE   52,183 0 0
Omega Healthcare Investors, In COM 681936100   258 7,800 SH   SOLE   7,800 0 0
Open Joint Stock Co. Gazprom COM 368287207   355 89,000 SH   SOLE   89,000 0 0
Oracle Corp. COM 68389X105   1,165 23,235 SH   SOLE   23,235 0 0
Overstock.com COM 690370101   284 17,450 SH   SOLE   17,450 0 0
PG&E Corporation COM 69331C108   712 10,729 SH   SOLE   10,729 0 0
PPG Industries COM 693506107   240 2,182 SH   SOLE   2,182 0 0
Pepsico Inc. COM 713448108   1,839 15,921 SH   SOLE   15,921 0 0
Petroleo Brasileiro S.A. COM 71654v408   180 22,500 SH   SOLE   22,500 0 0
Pfizer Inc. COM 717081103   866 25,796 SH   SOLE   25,796 0 0
Phillips 66 COM 718546104   576 6,960 SH   SOLE   6,960 0 0
Procter & Gamble COM 742718109   13,937 159,919 SH   SOLE   159,919 0 0
Public Storage COM 74460D109   1,654 7,931 SH   SOLE   7,931 0 0
Qualcomm Inc. COM 747525103   752 13,625 SH   SOLE   13,625 0 0
Realty Income Corp. COM 756109104   283 5,133 SH   SOLE   5,133 0 0
Regeneron Pharmaceuticals, Inc COM 75886f107   933 1,900 SH   SOLE   1,900 0 0
Sanofi-Aventis SA COM 80105N105   1,336 27,884 SH   SOLE   27,884 0 0
Senior Housing Properties COM 81721M109   651 31,830 SH   SOLE   31,830 0 0
Southern Company COM 842587107   1,427 29,800 SH   SOLE   29,800 0 0
Starbucks Corp. COM 855244109   1,526 26,175 SH   SOLE   26,175 0 0
Statoil ASA COM 85771p102   539 32,600 SH   SOLE   32,600 0 0
Telefonica de Espana S.A. ADR COM 879382208   110 10,550 SH   SOLE   10,550 0 0
The Chef's Warehouse COM 163086101   258 19,850 SH   SOLE   19,850 0 0
The Herzfeld Caribbean Basin F COM 42804t106   130 18,050 SH   SOLE   18,050 0 0
Total S.A. ADR COM 89151E109   1,070 21,576 SH   SOLE   21,576 0 0
Unilever PLC COM 904767704   1,716 31,715 SH   SOLE   31,715 0 0
United Parcel Service COM 911312106   1,214 10,975 SH   SOLE   10,975 0 0
United Technologies COM 913017109   1,406 11,515 SH   SOLE   11,515 0 0
Ventas, Inc. COM 92276F100   1,088 15,661 SH   SOLE   15,661 0 0
Verizon Corporation COM 92343V104   1,095 24,513 SH   SOLE   24,513 0 0
Vestas Wind Systems A/S COM 925458101   751 24,400 SH   SOLE   24,400 0 0
Weyerhaeuser Co. COM 962166104   1,501 44,798 SH   SOLE   44,798 0 0
ASA (Bermuda) Limited COM G3156P103   1,040 88,980 SH   SOLE   88,980 0 0
AngloGold Ashanti Ltd. COM 035128206   176 18,100 SH   SOLE   18,100 0 0
Barrick Gold Corporation COM 067901108   395 24,850 SH   SOLE   24,850 0 0
Central Fund of Canada Ltd. COM 153501101   2,891 234,504 SH   SOLE   234,504 0 0
Freeport McMoRan Inc. COM 35671D857   235 19,606 SH   SOLE   19,606 0 0
Goldcorp, Inc. COM 380956409   1,502 116,360 SH   SOLE   116,360 0 0
Hecla Mining COM 422704106   312 61,107 SH   SOLE   61,107 0 0
IAMGOLD Corporation COM 450913108   476 92,200 SH   SOLE   92,200 0 0
Kinross Gold Corporation COM 496902404   289 70,950 SH   SOLE   70,950 0 0
Newmont Mining COM 651639106   2,831 87,393 SH   SOLE   87,393 0 0
Pan American Silver Corp. COM 697900108   1,336 79,450 SH   SOLE   79,450 0 0
Sprott Physical Gold Trust ETF COM 85207H104   2,269 224,002 SH   SOLE   224,002 0 0
Sprott Physical Silver Trust E COM 852075107   207 32,850 SH   SOLE   32,850 0 0
Wheaton Precious Metals (Silve COM 828336107   1,716 86,250 SH   SOLE   86,250 0 0
Yamana Gold, Inc. COM 98462Y100   429 176,725 SH   SOLE   176,725 0 0