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 1,800 59,544 SH   SOLE   59,544 0 0
AbbVie, Inc. COM 00287Y109 4,347 44,275 SH   SOLE   44,275 0 0
Abbott Laboratories COM 002824100 1,386 15,158 SH   SOLE   15,158 0 0
American Express COM 025816109 1,572 16,511 SH   SOLE   16,511 0 0
Apple Computer COM 037833100 656 1,798 SH   SOLE   1,798 0 0
Atlassian Corporation COM G06242104 550 3,053 SH   SOLE   3,053 0 0
Bristol-Myers Squibb COM 110122108 1,574 26,761 SH   SOLE   26,761 0 0
Bunge Ltd. COM G16962105 611 14,850 SH   SOLE   14,850 0 0
CSX Corp. COM 126408103 2,730 39,150 SH   SOLE   39,150 0 0
Chevron Corporation (fmly. Che COM 166764100 1,181 13,232 SH   SOLE   13,232 0 0
Clorox Co. COM 189054109 3,367 15,350 SH   SOLE   15,350 0 0
ConocoPhillips COM 20825C104 544 12,936 SH   SOLE   12,936 0 0
Copart Inc. COM 217204106 2,001 24,025 SH   SOLE   24,025 0 0
DNP Select Income Fund (fmly. COM 23325p104 757 69,570 SH   SOLE   69,570 0 0
Disney (Walt) Holding Co. COM 254687106 2,069 18,550 SH   SOLE   18,550 0 0
Duke Energy COM 264399106 221 2,770 SH   SOLE   2,770 0 0
Duke Realty Corp. (fmly. Duke- COM 264411505 350 9,900 SH   SOLE   9,900 0 0
Engie (formerly GDF Suez S.A.) COM 29286D105 135 10,900 SH   SOLE   10,900 0 0
Equinor ASA (formerly Statoil COM 29446m102 345 23,834 SH   SOLE   23,834 0 0
Essex Property Trust COM 297178105 1,546 6,747 SH   SOLE   6,747 0 0
Fidelity Commonwealth TR Stk E COM 315912808 317 809 SH   SOLE   809 0 0
Gilead Sciences, Inc. COM 375558103 1,521 19,775 SH   SOLE   19,775 0 0
Hawaiian Electric COM 419870100 1,551 43,000 SH   SOLE   43,000 0 0
Healthpeak Properties Inc (frm COM 42250P103 586 21,274 SH   SOLE   21,274 0 0
Intel Corp. COM 458140100 564 9,430 SH   SOLE   9,430 0 0
Johnson & Johnson COM 478160104 1,027 7,300 SH   SOLE   7,300 0 0
Kellogg Co. COM 487836108 1,362 20,625 SH   SOLE   20,625 0 0
Kimberly-Clark COM 494368103 1,421 10,050 SH   SOLE   10,050 0 0
Leggett & Platt, Inc. COM 524660107 513 14,600 SH   SOLE   14,600 0 0
Lilly, Eli COM 532457108 1,828 11,135 SH   SOLE   11,135 0 0
Lockheed Martin Corp. COM 539830109 1,213 3,325 SH   SOLE   3,325 0 0
Medical Marijuana, Inc. COM 58463A105 1 60,000 SH   SOLE   60,000 0 0
Merck & Co. COM 589331107 2,881 37,250 SH   SOLE   37,250 0 0
Microchip Technology, Inc. COM 595017104 2,726 25,886 SH   SOLE   25,886 0 0
Microsoft COM 594918104 6,532 32,096 SH   SOLE   32,096 0 0
Occidental Petroleum COM 674599105 696 38,007 SH   SOLE   38,007 0 0
Open Joint Stock Co. Gazprom COM 368287207 160 29,550 SH   SOLE   29,550 0 0
Oracle Corp. COM 68389X105 531 9,600 SH   SOLE   9,600 0 0
Otis Worldwide Corporation COM 68902v107 229 4,019 SH   SOLE   4,019 0 0
Pepsico Inc. COM 713448108 1,760 13,308 SH   SOLE   13,308 0 0
Petroleo Brasileiro S.A. COM 71654v408 167 20,200 SH   SOLE   20,200 0 0
Pfizer Inc. COM 717081103 1,687 51,598 SH   SOLE   51,598 0 0
Phillips 66 COM 718546104 404 5,625 SH   SOLE   5,625 0 0
ProShares Short S&P 500 COM 74347R503 5,354 239,450 SH   SOLE   239,450 0 0
Procter & Gamble COM 742718109 17,501 146,370 SH   SOLE   146,370 0 0
Public Storage COM 74460D109 1,319 6,874 SH   SOLE   6,874 0 0
Qualcomm Inc. COM 747525103 550 6,025 SH   SOLE   6,025 0 0
Raytheon Technologies (frmly U COM 913017109 541 8,779 SH   SOLE   8,779 0 0
Realty Income Corp. COM 756109104 235 3,950 SH   SOLE   3,950 0 0
Regeneron Pharmaceuticals, Inc COM 75886f107 926 1,485 SH   SOLE   1,485 0 0
Sanofi-Aventis SA COM 80105N105 1,288 25,225 SH   SOLE   25,225 0 0
Schlumberger, Ltd. COM 806857108 298 16,200 SH   SOLE   16,200 0 0
Southern Company COM 842587107 1,358 26,200 SH   SOLE   26,200 0 0
Starbucks Corp. COM 855244109 1,605 21,811 SH   SOLE   21,811 0 0
Target Stores COM 87612E106 2,198 18,325 SH   SOLE   18,325 0 0
The Gabelli Healthcare and Wel COM 36246K103 1,729 172,200 SH   SOLE   172,200 0 0
Total S.A. ADR COM 89151E109 1,732 45,025 SH   SOLE   45,025 0 0
Unilever PLC COM 904767704 1,225 22,325 SH   SOLE   22,325 0 0
Ventas, Inc. COM 92276F100 968 26,444 SH   SOLE   26,444 0 0
Verizon Corporation COM 92343V104 1,143 20,737 SH   SOLE   20,737 0 0
Vestas Wind Systems A/S COM 925458101 674 19,750 SH   SOLE   19,750 0 0
W.P. Carey, Inc. COM 92936u109 1,326 19,600 SH   SOLE   19,600 0 0
Weyerhaeuser Co. COM 962166104 807 35,952 SH   SOLE   35,952 0 0
ASA (Bermuda) Limited COM G3156P103 776 44,280 SH   SOLE   44,280 0 0
Agnico Eagle Miners Limited COM 008474108 1,045 16,311 SH   SOLE   16,311 0 0
AngloGold Ashanti Ltd. COM 035128206 278 9,410 SH   SOLE   9,410 0 0
Barrick Gold Corporation COM 067901108 256 9,500 SH   SOLE   9,500 0 0
Franco-Nevada Corp. COM 351858105 4,329 31,000 SH   SOLE   31,000 0 0
Hecla Mining COM 422704106 97 29,782 SH   SOLE   29,782 0 0
IAMGOLD Corporation COM 450913108 281 71,150 SH   SOLE   71,150 0 0
Kinross Gold Corporation COM 496902404 509 70,550 SH   SOLE   70,550 0 0
Kirkland Lake Gold Ltd. COM 49741e100 1,819 44,110 SH   SOLE   44,110 0 0
Market Vectors Gold Miners ETF COM 57060U100 407 11,100 SH   SOLE   11,100 0 0
Newmont Goldcorp (fmly.Newmo COM 651639106 7,521 121,825 SH   SOLE   121,825 0 0
NovaGold Resources Inc. COM 66987E206 283 30,900 SH   SOLE   30,900 0 0
Pan American Silver Corp. COM 697900108 3,229 106,254 SH   SOLE   106,254 0 0
Pretium Resources Inc. COM 74139c102 136 16,200 SH   SOLE   16,200 0 0
Sprott Physical Gold & Silver COM 85208R101 4,219 249,632 SH   SOLE   249,632 0 0
Sprott Physical Gold Trust COM 85207H104 2,839 198,427 SH   SOLE   198,427 0 0
Sprott Physical Silver Trust COM 852075107 179 27,150 SH   SOLE   27,150 0 0
Wheaton Precious Metals (Silve COM 828336107 2,991 67,900 SH   SOLE   67,900 0 0
Yamana Gold, Inc. COM 98462Y100 1,851 339,025 SH   SOLE   339,025 0 0