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
Estimated average burden
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 1,238 50,320 SH   SOLE   50,320 0 0
AbbVie, Inc. COM 00287Y109 5,542 40,933 SH   SOLE   40,933 0 0
Abbott Laboratories COM 002824100 2,103 14,941 SH   SOLE   14,941 0 0
American Express COM 025816109 2,685 16,412 SH   SOLE   16,412 0 0
Amgen Inc. COM 031162100 2,815 12,515 SH   SOLE   12,515 0 0
Anheuser Busch InBev COM 03524a108 1,147 18,950 SH   SOLE   18,950 0 0
Apple Computer COM 037833100 1,746 9,830 SH   SOLE   9,830 0 0
Atlassian Corporation COM G06242104 1,163 3,050 SH   SOLE   3,050 0 0
Bristol-Myers Squibb COM 110122108 1,625 26,068 SH   SOLE   26,068 0 0
Bunge Ltd. COM G16962105 2,829 30,300 SH   SOLE   30,300 0 0
CSX Corp. COM 126408103 4,002 106,424 SH   SOLE   106,424 0 0
Carrier Global Corporation COM 14448c104 428 7,891 SH   SOLE   7,891 0 0
Caterpillar Inc. COM 149123101 238 1,150 SH   SOLE   1,150 0 0
Chevron Corporation (fmly. Che COM 166764100 2,051 17,479 SH   SOLE   17,479 0 0
Clorox Co. COM 189054109 2,495 14,310 SH   SOLE   14,310 0 0
ConocoPhillips COM 20825C104 1,023 14,178 SH   SOLE   14,178 0 0
Copart Inc. COM 217204106 3,029 19,975 SH   SOLE   19,975 0 0
DNP Select Income Fund (fmly. COM 23325p104 737 67,820 SH   SOLE   67,820 0 0
Direxion Daily S&P 500 Bear 1X COM 25460e869 1,156 82,250 SH   SOLE   82,250 0 0
Duke Energy COM 264399106 270 2,571 SH   SOLE   2,571 0 0
Duke Realty Corp. (fmly. Duke- COM 264411505 637 9,700 SH   SOLE   9,700 0 0
Elanco Animal Health COM 28414H103 463 16,306 SH   SOLE   16,306 0 0
Equinor ASA (formerly Statoil COM 29446m102 674 25,600 SH   SOLE   25,600 0 0
Essex Property Trust COM 297178105 2,247 6,380 SH   SOLE   6,380 0 0
Fed Ex COM 31304n107 634 2,450 SH   SOLE   2,450 0 0
Gilead Sciences, Inc. COM 375558103 1,334 18,366 SH   SOLE   18,366 0 0
Great Lakes Dredge & Dock Corp COM 390607109 1,266 80,550 SH   SOLE   80,550 0 0
Hawaiian Electric COM 419870100 1,753 42,232 SH   SOLE   42,232 0 0
Healthpeak Properties Inc (frm COM 42250P103 737 20,434 SH   SOLE   20,434 0 0
Intel Corp. COM 458140100 2,394 46,480 SH   SOLE   46,480 0 0
Invesco QQQ Trust (fmly. Power COM 46090e103 205 514 SH   SOLE   514 0 0
Johnson & Johnson COM 478160104 1,240 7,249 SH   SOLE   7,249 0 0
Kellogg Co. COM 487836108 949 14,724 SH   SOLE   14,724 0 0
Kimberly-Clark COM 494368103 1,367 9,568 SH   SOLE   9,568 0 0
Leggett & Platt, Inc. COM 524660107 593 14,400 SH   SOLE   14,400 0 0
Lilly, Eli COM 532457108 2,723 9,859 SH   SOLE   9,859 0 0
Lockheed Martin Corp. COM 539830109 2,826 7,950 SH   SOLE   7,950 0 0
Medical Marijuana, Inc. COM 58463A105 1 60,000 SH   SOLE   60,000 0 0
Merck & Co. COM 589331107 2,721 35,500 SH   SOLE   35,500 0 0
Microchip Technology, Inc. COM 595017104 3,824 43,924 SH   SOLE   43,924 0 0
Microsoft COM 594918104 4,843 14,400 SH   SOLE   14,400 0 0
NetApp, Inc. COM 64110d104 474 5,150 SH   SOLE   5,150 0 0
Nucor Corporation COM 670346105 1,227 10,750 SH   SOLE   10,750 0 0
Occidental Petroleum COM 674599105 806 27,807 SH   SOLE   27,807 0 0
Open Joint Stock Co. Gazprom COM 368287207 1,199 130,500 SH   SOLE   130,500 0 0
Oracle Corp. COM 68389X105 724 8,300 SH   SOLE   8,300 0 0
Otis Worldwide Corporation COM 68902v107 349 4,008 SH   SOLE   4,008 0 0
PPG Industries COM 693506107 261 1,512 SH   SOLE   1,512 0 0
Pepsico Inc. COM 713448108 2,169 12,485 SH   SOLE   12,485 0 0
Petroleo Brasileiro S.A. COM 71654v408 684 62,300 SH   SOLE   62,300 0 0
Phillips 66 COM 718546104 388 5,358 SH   SOLE   5,358 0 0
ProShares Short S&P 500 COM 74347R503 3,473 254,998 SH   SOLE   254,998 0 0
Procter & Gamble COM 742718109 24,859 151,969 SH   SOLE   151,969 0 0
Public Storage COM 74460D109 2,531 6,757 SH   SOLE   6,757 0 0
Qualcomm Inc. COM 747525103 965 5,275 SH   SOLE   5,275 0 0
Rayonier Inc. COM 754907103 605 15,000 SH   SOLE   15,000 0 0
Realty Income Corp. COM 756109104 261 3,650 SH   SOLE   3,650 0 0
Regeneron Pharmaceuticals, Inc COM 75886f107 938 1,485 SH   SOLE   1,485 0 0
Regions Financial Corporation COM 7591EP100 318 14,600 SH   SOLE   14,600 0 0
Sanofi-Aventis SA COM 80105N105 1,214 24,225 SH   SOLE   24,225 0 0
Schlumberger, Ltd. COM 806857108 344 11,500 SH   SOLE   11,500 0 0
Southern Company COM 842587107 1,788 26,066 SH   SOLE   26,066 0 0
Target Stores COM 87612E106 3,479 15,030 SH   SOLE   15,030 0 0
The Gabelli Healthcare and Wel COM 36246K103 2,272 167,400 SH   SOLE   167,400 0 0
TotalEnergies SE (frmly Total COM 89151E109 2,481 50,158 SH   SOLE   50,158 0 0
Trimble Navigation Ltd. COM 896239100 326 3,738 SH   SOLE   3,738 0 0
Unilever PLC COM 904767704 1,152 21,424 SH   SOLE   21,424 0 0
VMWare, Inc. COM 928563402 1,518 13,100 SH   SOLE   13,100 0 0
Ventas, Inc. COM 92276F100 1,326 25,944 SH   SOLE   25,944 0 0
Verizon Corporation COM 92343V104 1,913 36,823 SH   SOLE   36,823 0 0
Vestas Wind Systems A/S COM 925458101 898 88,300 SH   SOLE   88,300 0 0
W.P. Carey, Inc. COM 92936u109 1,575 19,200 SH   SOLE   19,200 0 0
Weyerhaeuser Co. COM 962166104 1,426 34,632 SH   SOLE   34,632 0 0
Invesco PureBeta 0-5 Yr US TIP COM 46138e495 2,473 93,400 SH   SOLE   93,400 0 0
Pimco 1-5 Year U.S. TIPS Index COM 72201R205 10,934 198,145 SH   SOLE   198,145 0 0
Pimco Enhanced Short Maturity COM 72201R833 2,184 21,500 SH   SOLE   21,500 0 0
SPDR FTSE Int'l Gov't Inflt Pr COM 78464a490 882 16,400 SH   SOLE   16,400 0 0
Schwab US TIPS ETF COM 808524870 1,458 23,190 SH   SOLE   23,190 0 0
ASA (Bermuda) Limited COM G3156P103 875 41,480 SH   SOLE   41,480 0 0
Agnico Eagle Miners Limited COM 008474108 1,091 20,537 SH   SOLE   20,537 0 0
Alamos Gold Inc COM 011532108 498 64,700 SH   SOLE   64,700 0 0
AngloGold Ashanti Ltd. COM 035128206 249 11,880 SH   SOLE   11,880 0 0
BHP Billiton Ltd. COM 088606108 817 13,540 SH   SOLE   13,540 0 0
Franco-Nevada Corp. COM 351858105 4,311 31,173 SH   SOLE   31,173 0 0
Freeport McMoRan Inc. COM 35671D857 2,420 58,000 SH   SOLE   58,000 0 0
Hecla Mining COM 422704106 155 29,782 SH   SOLE   29,782 0 0
IAMGOLD Corporation COM 450913108 186 59,266 SH   SOLE   59,266 0 0
Kinross Gold Corporation COM 496902404 529 91,116 SH   SOLE   91,116 0 0
Kirkland Lake Gold Ltd. COM 49741e100 2,220 52,910 SH   SOLE   52,910 0 0
Market Vectors Gold Miners ETF COM 57060U100 333 10,400 SH   SOLE   10,400 0 0
McEwen Mining Inc. COM 58039P107 17 19,000 SH   SOLE   19,000 0 0
Newmont Goldcorp (fmly.Newmo COM 651639106 7,701 124,163 SH   SOLE   124,163 0 0
Norilsk Nickel Mining & Metall COM 55315J102 994 32,400 SH   SOLE   32,400 0 0
NovaGold Resources Inc. COM 66987E206 185 26,900 SH   SOLE   26,900 0 0
Pan American Silver Corp. COM 697900108 2,734 109,506 SH   SOLE   109,506 0 0
Pretium Resources Inc. COM 74139c102 249 17,700 SH   SOLE   17,700 0 0
Sprott Physical Gold & Silver COM 85208R101 4,261 240,202 SH   SOLE   240,202 0 0
Sprott Physical Gold Trust COM 85207H104 2,638 183,707 SH   SOLE   183,707 0 0
Sprott Physical Silver Trust COM 852075107 1,670 208,250 SH   SOLE   208,250 0 0
Wheaton Precious Metals (Silve COM 828336107 2,819 65,666 SH   SOLE   65,666 0 0
Yamana Gold, Inc. COM 98462Y100 1,666 394,695 SH   SOLE   394,695 0 0