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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hours per response: 23.8
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 1,612 59,668 SH   SOLE   59,668 0 0
AbbVie, Inc. COM 00287Y109 4,434 41,108 SH   SOLE   41,108 0 0
Abbott Laboratories COM 002824100 1,777 15,041 SH   SOLE   15,041 0 0
American Express COM 025816109 2,750 16,412 SH   SOLE   16,412 0 0
Amgen Inc. COM 031162100 2,301 10,820 SH   SOLE   10,820 0 0
Anheuser Busch InBev COM 03524a108 1,080 19,150 SH   SOLE   19,150 0 0
Apple Computer COM 037833100 1,393 9,842 SH   SOLE   9,842 0 0
Atlassian Corporation COM G06242104 1,194 3,050 SH   SOLE   3,050 0 0
Bristol-Myers Squibb COM 110122108 1,543 26,069 SH   SOLE   26,069 0 0
Bunge Ltd. COM G16962105 2,464 30,300 SH   SOLE   30,300 0 0
CSX Corp. COM 126408103 3,182 106,999 SH   SOLE   106,999 0 0
Carrier Global Corporation COM 14448c104 408 7,891 SH   SOLE   7,891 0 0
Catchmark Timber Trust, Inc. C COM 14912Y202 1,375 115,810 SH   SOLE   115,810 0 0
Chevron Corporation (fmly. Che COM 166764100 1,778 17,529 SH   SOLE   17,529 0 0
Clorox Co. COM 189054109 2,386 14,410 SH   SOLE   14,410 0 0
ConocoPhillips COM 20825C104 974 14,378 SH   SOLE   14,378 0 0
Copart Inc. COM 217204106 2,819 20,325 SH   SOLE   20,325 0 0
DNP Select Income Fund (fmly. COM 23325p104 723 67,820 SH   SOLE   67,820 0 0
Direxion Daily S&P 500 Bear 1X COM 25460e869 2,359 150,450 SH   SOLE   150,450 0 0
Duke Energy COM 264399106 251 2,571 SH   SOLE   2,571 0 0
Duke Realty Corp. (fmly. Duke- COM 264411505 464 9,700 SH   SOLE   9,700 0 0
Elanco Animal Health COM 28414H103 503 15,770 SH   SOLE   15,770 0 0
Equinor ASA (formerly Statoil COM 29446m102 663 26,000 SH   SOLE   26,000 0 0
Essex Property Trust COM 297178105 2,059 6,440 SH   SOLE   6,440 0 0
Gilead Sciences, Inc. COM 375558103 1,320 18,891 SH   SOLE   18,891 0 0
Great Lakes Dredge & Dock Corp COM 390607109 1,214 80,450 SH   SOLE   80,450 0 0
Hawaiian Electric COM 419870100 1,732 42,432 SH   SOLE   42,432 0 0
Healthpeak Properties Inc (frm COM 42250P103 698 20,834 SH   SOLE   20,834 0 0
Intel Corp. COM 458140100 1,632 30,630 SH   SOLE   30,630 0 0
Johnson & Johnson COM 478160104 1,163 7,200 SH   SOLE   7,200 0 0
Kellogg Co. COM 487836108 1,117 17,475 SH   SOLE   17,475 0 0
Kimberly-Clark COM 494368103 1,267 9,568 SH   SOLE   9,568 0 0
Leggett & Platt, Inc. COM 524660107 650 14,500 SH   SOLE   14,500 0 0
Lilly, Eli COM 532457108 2,295 9,933 SH   SOLE   9,933 0 0
Lockheed Martin Corp. COM 539830109 1,216 3,525 SH   SOLE   3,525 0 0
Medical Marijuana, Inc. COM 58463A105 2 60,000 SH   SOLE   60,000 0 0
Merck & Co. COM 589331107 2,689 35,800 SH   SOLE   35,800 0 0
Microchip Technology, Inc. COM 595017104 3,394 22,112 SH   SOLE   22,112 0 0
Microsoft COM 594918104 5,510 19,546 SH   SOLE   19,546 0 0
NetApp, Inc. COM 64110d104 462 5,150 SH   SOLE   5,150 0 0
Nucor Corporation COM 670346105 1,029 10,450 SH   SOLE   10,450 0 0
Occidental Petroleum COM 674599105 860 29,057 SH   SOLE   29,057 0 0
Open Joint Stock Co. Gazprom COM 368287207 1,301 130,700 SH   SOLE   130,700 0 0
Oracle Corp. COM 68389X105 723 8,300 SH   SOLE   8,300 0 0
Otis Worldwide Corporation COM 68902v107 330 4,008 SH   SOLE   4,008 0 0
PPG Industries COM 693506107 216 1,512 SH   SOLE   1,512 0 0
Pepsico Inc. COM 713448108 1,878 12,485 SH   SOLE   12,485 0 0
Petroleo Brasileiro S.A. COM 71654v408 644 62,300 SH   SOLE   62,300 0 0
Phillips 66 COM 718546104 379 5,408 SH   SOLE   5,408 0 0
ProShares Short S&P 500 COM 74347R503 2,888 189,623 SH   SOLE   189,623 0 0
Procter & Gamble COM 742718109 20,572 147,154 SH   SOLE   147,154 0 0
Public Storage COM 74460D109 2,008 6,757 SH   SOLE   6,757 0 0
Qualcomm Inc. COM 747525103 674 5,225 SH   SOLE   5,225 0 0
Rayonier Inc. COM 754907103 535 15,000 SH   SOLE   15,000 0 0
Realty Income Corp. COM 756109104 237 3,650 SH   SOLE   3,650 0 0
Regeneron Pharmaceuticals, Inc COM 75886f107 899 1,485 SH   SOLE   1,485 0 0
Regions Financial Corporation COM 7591EP100 311 14,600 SH   SOLE   14,600 0 0
Sanofi-Aventis SA COM 80105N105 1,178 24,425 SH   SOLE   24,425 0 0
Schlumberger, Ltd. COM 806857108 403 13,600 SH   SOLE   13,600 0 0
Southern Company COM 842587107 1,622 26,166 SH   SOLE   26,166 0 0
Target Stores COM 87612E106 3,513 15,355 SH   SOLE   15,355 0 0
The Gabelli Healthcare and Wel COM 36246K103 2,211 167,400 SH   SOLE   167,400 0 0
TotalEnergies SE (frmly Total COM 89151E109 2,447 51,058 SH   SOLE   51,058 0 0
Trimble Navigation Ltd. COM 896239100 307 3,738 SH   SOLE   3,738 0 0
Unilever PLC COM 904767704 1,205 22,225 SH   SOLE   22,225 0 0
VMWare, Inc. COM 928563402 2,074 13,950 SH   SOLE   13,950 0 0
Ventas, Inc. COM 92276F100 1,432 25,944 SH   SOLE   25,944 0 0
Verizon Corporation COM 92343V104 1,825 33,789 SH   SOLE   33,789 0 0
Vestas Wind Systems A/S COM 925458101 1,197 88,500 SH   SOLE   88,500 0 0
W.P. Carey, Inc. COM 92936u109 1,402 19,200 SH   SOLE   19,200 0 0
Weyerhaeuser Co. COM 962166104 1,243 34,932 SH   SOLE   34,932 0 0
Invesco PureBeta 0-5 Yr US TIP COM 46138e495 2,477 93,400 SH   SOLE   93,400 0 0
Pimco 1-5 Year U.S. TIPS Index COM 72201R205 10,887 198,445 SH   SOLE   198,445 0 0
Pimco Enhanced Short Maturity COM 72201R833 2,191 21,500 SH   SOLE   21,500 0 0
SPDR FTSE Int'l Gov't Inflt Pr COM 78464a490 892 16,400 SH   SOLE   16,400 0 0
Schwab US TIPS ETF COM 808524870 1,451 23,190 SH   SOLE   23,190 0 0
ASA (Bermuda) Limited COM G3156P103 784 41,480 SH   SOLE   41,480 0 0
Agnico Eagle Miners Limited COM 008474108 826 15,937 SH   SOLE   15,937 0 0
Alamos Gold Inc COM 011532108 466 64,700 SH   SOLE   64,700 0 0
AngloGold Ashanti Ltd. COM 035128206 190 11,880 SH   SOLE   11,880 0 0
BHP Billiton Ltd. COM 088606108 719 13,440 SH   SOLE   13,440 0 0
Franco-Nevada Corp. COM 351858105 3,988 30,700 SH   SOLE   30,700 0 0
Freeport McMoRan Inc. COM 35671D857 1,893 58,200 SH   SOLE   58,200 0 0
Hecla Mining COM 422704106 164 29,782 SH   SOLE   29,782 0 0
IAMGOLD Corporation COM 450913108 157 69,516 SH   SOLE   69,516 0 0
Kinross Gold Corporation COM 496902404 436 81,416 SH   SOLE   81,416 0 0
Kirkland Lake Gold Ltd. COM 49741e100 2,171 52,210 SH   SOLE   52,210 0 0
Market Vectors Gold Miners ETF COM 57060U100 315 10,700 SH   SOLE   10,700 0 0
McEwen Mining Inc. COM 58039P107 21 20,000 SH   SOLE   20,000 0 0
Newmont Goldcorp (fmly.Newmo COM 651639106 6,797 125,168 SH   SOLE   125,168 0 0
Norilsk Nickel Mining & Metall COM 55315J102 987 33,000 SH   SOLE   33,000 0 0
NovaGold Resources Inc. COM 66987E206 213 30,900 SH   SOLE   30,900 0 0
Pan American Silver Corp. COM 697900108 2,486 106,846 SH   SOLE   106,846 0 0
Pretium Resources Inc. COM 74139c102 171 17,700 SH   SOLE   17,700 0 0
Sprott Physical Gold & Silver COM 85208R101 4,124 240,773 SH   SOLE   240,773 0 0
Sprott Physical Gold Trust COM 85207H104 2,704 195,927 SH   SOLE   195,927 0 0
Sprott Physical Silver Trust COM 852075107 1,684 219,250 SH   SOLE   219,250 0 0
Wheaton Precious Metals (Silve COM 828336107 2,487 66,166 SH   SOLE   66,166 0 0
Yamana Gold, Inc. COM 98462Y100 1,651 416,925 SH   SOLE   416,925 0 0