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

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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 (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
AT&T Corp. (New) COM 00206R102 1,736 59,544 SH   SOLE   59,544 0 0
AbbVie, Inc. COM 00287Y109 3,400 44,625 SH   SOLE   44,625 0 0
Abbott Laboratories COM 002824100 1,214 15,383 SH   SOLE   15,383 0 0
American Express COM 025816109 1,415 16,525 SH   SOLE   16,525 0 0
Apple Computer COM 037833100 457 1,798 SH   SOLE   1,798 0 0
Atlassian Corporation COM G06242104 419 3,050 SH   SOLE   3,050 0 0
Bristol-Myers Squibb COM 110122108 1,492 26,775 SH   SOLE   26,775 0 0
Bunge Ltd. COM G16962105 609 14,850 SH   SOLE   14,850 0 0
CSX Corp. COM 126408103 2,296 40,075 SH   SOLE   40,075 0 0
Chevron Corporation (fmly. Che COM 166764100 959 13,232 SH   SOLE   13,232 0 0
Clorox Co. COM 189054109 2,919 16,850 SH   SOLE   16,850 0 0
ConocoPhillips COM 20825C104 399 12,950 SH   SOLE   12,950 0 0
Copart Inc. COM 217204106 1,668 24,350 SH   SOLE   24,350 0 0
DNP Select Income Fund (fmly. COM 23325p104 681 69,570 SH   SOLE   69,570 0 0
Disney (Walt) Holding Co. COM 254687106 1,811 18,750 SH   SOLE   18,750 0 0
Duke Energy COM 264399106 224 2,770 SH   SOLE   2,770 0 0
Duke Realty Corp. (fmly. Duke- COM 264411505 321 9,900 SH   SOLE   9,900 0 0
Engie (formerly GDF Suez S.A.) COM 29286D105 111 10,900 SH   SOLE   10,900 0 0
Equinor ASA (formerly Statoil COM 29446m102 290 23,834 SH   SOLE   23,834 0 0
Essex Property Trust COM 297178105 1,486 6,747 SH   SOLE   6,747 0 0
Fidelity Commonwealth TR Stk E COM 315912808 241 808 SH   SOLE   808 0 0
Gilead Sciences, Inc. COM 375558103 1,480 19,800 SH   SOLE   19,800 0 0
Hawaiian Electric COM 419870100 1,873 43,500 SH   SOLE   43,500 0 0
Healthpeak Properties Inc (frm COM 42250P103 507 21,274 SH   SOLE   21,274 0 0
Intel Corp. COM 458140100 510 9,430 SH   SOLE   9,430 0 0
Johnson & Johnson COM 478160104 957 7,300 SH   SOLE   7,300 0 0
Kellogg Co. COM 487836108 1,237 20,625 SH   SOLE   20,625 0 0
Kimberly-Clark COM 494368103 1,291 10,100 SH   SOLE   10,100 0 0
Leggett & Platt, Inc. COM 524660107 390 14,600 SH   SOLE   14,600 0 0
Lilly, Eli COM 532457108 1,625 11,715 SH   SOLE   11,715 0 0
Lockheed Martin Corp. COM 539830109 1,135 3,350 SH   SOLE   3,350 0 0
Medical Marijuana, Inc. COM 58463A105 1 60,000 SH   SOLE   60,000 0 0
Merck & Co. COM 589331107 2,889 37,550 SH   SOLE   37,550 0 0
Microchip Technology, Inc. COM 595017104 1,770 26,100 SH   SOLE   26,100 0 0
Microsoft COM 594918104 5,600 35,507 SH   SOLE   35,507 0 0
Occidental Petroleum COM 674599105 440 38,007 SH   SOLE   38,007 0 0
Open Joint Stock Co. Gazprom COM 368287207 136 29,550 SH   SOLE   29,550 0 0
Oracle Corp. COM 68389X105 464 9,600 SH   SOLE   9,600 0 0
Pepsico Inc. COM 713448108 1,616 13,458 SH   SOLE   13,458 0 0
Petroleo Brasileiro S.A. COM 71654v408 111 20,200 SH   SOLE   20,200 0 0
Pfizer Inc. COM 717081103 1,684 51,598 SH   SOLE   51,598 0 0
Phillips 66 COM 718546104 302 5,625 SH   SOLE   5,625 0 0
ProShares Short S&P 500 COM 74347R503 6,623 239,450 SH   SOLE   239,450 0 0
Procter & Gamble COM 742718109 16,386 148,961 SH   SOLE   148,961 0 0
Public Storage COM 74460D109 1,385 6,974 SH   SOLE   6,974 0 0
Qualcomm Inc. COM 747525103 414 6,125 SH   SOLE   6,125 0 0
Raytheon Technologies (frmly U COM 913017109 761 8,064 SH   SOLE   8,064 0 0
Regeneron Pharmaceuticals, Inc COM 75886f107 725 1,485 SH   SOLE   1,485 0 0
Sanofi-Aventis SA COM 80105N105 1,103 25,225 SH   SOLE   25,225 0 0
Schlumberger, Ltd. COM 806857108 219 16,200 SH   SOLE   16,200 0 0
Southern Company COM 842587107 1,427 26,350 SH   SOLE   26,350 0 0
Starbucks Corp. COM 855244109 1,441 21,925 SH   SOLE   21,925 0 0
Target Stores COM 87612E106 1,704 18,325 SH   SOLE   18,325 0 0
The Gabelli Healthcare and Wel COM 36246K103 1,491 172,200 SH   SOLE   172,200 0 0
Total S.A. ADR COM 89151E109 1,680 45,125 SH   SOLE   45,125 0 0
Unilever PLC COM 904767704 1,129 22,325 SH   SOLE   22,325 0 0
Ventas, Inc. COM 92276F100 709 26,444 SH   SOLE   26,444 0 0
Verizon Corporation COM 92343V104 1,114 20,737 SH   SOLE   20,737 0 0
Vestas Wind Systems A/S COM 925458101 538 19,750 SH   SOLE   19,750 0 0
W.P. Carey, Inc. COM 92936u109 1,144 19,700 SH   SOLE   19,700 0 0
Weyerhaeuser Co. COM 962166104 609 35,952 SH   SOLE   35,952 0 0
ASA (Bermuda) Limited COM G3156P103 457 44,280 SH   SOLE   44,280 0 0
Agnico Eagle Miners Limited COM 008474108 651 16,350 SH   SOLE   16,350 0 0
Franco-Nevada Corp. COM 351858105 3,085 31,000 SH   SOLE   31,000 0 0
Hecla Mining COM 422704106 54 29,782 SH   SOLE   29,782 0 0
IAMGOLD Corporation COM 450913108 162 71,150 SH   SOLE   71,150 0 0
Kinross Gold Corporation COM 496902404 281 70,550 SH   SOLE   70,550 0 0
Kirkland Lake Gold Ltd. COM 49741e100 1,204 40,660 SH   SOLE   40,660 0 0
Market Vectors Gold Miners ETF COM 57060U100 256 11,100 SH   SOLE   11,100 0 0
Newmont Goldcorp (fmly.Newmo COM 651639106 5,519 121,880 SH   SOLE   121,880 0 0
NovaGold Resources Inc. COM 66987E206 228 30,900 SH   SOLE   30,900 0 0
Pan American Silver Corp. COM 697900108 1,523 106,254 SH   SOLE   106,254 0 0
Pretium Resources Inc. COM 74139c102 92 16,200 SH   SOLE   16,200 0 0
Sprott Physical Gold & Silver COM 85208R101 3,651 249,757 SH   SOLE   249,757 0 0
Sprott Physical Gold Trust COM 85207H104 2,603 198,427 SH   SOLE   198,427 0 0
Sprott Physical Silver Trust COM 852075107 142 27,150 SH   SOLE   27,150 0 0
Wheaton Precious Metals (Silve COM 828336107 1,905 69,200 SH   SOLE   69,200 0 0
Yamana Gold, Inc. COM 98462Y100 634 230,675 SH   SOLE   230,675 0 0