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   957 62,374 SH   SOLE   62,374 0 0
AbbVie, Inc. COM 00287Y109   4,873 36,308 SH   SOLE   36,308 0 0
Abbott Laboratories COM 002824100   1,388 14,341 SH   SOLE   14,341 0 0
American Express COM 025816109   2,165 16,050 SH   SOLE   16,050 0 0
Amgen Inc. COM 031162100   2,717 12,055 SH   SOLE   12,055 0 0
Anheuser Busch InBev COM 03524a108   856 18,950 SH   SOLE   18,950 0 0
Apple Computer COM 037833100   1,188 8,596 SH   SOLE   8,596 0 0
Atlassian Corporation COM G06242104   642 3,050 SH   SOLE   3,050 0 0
Bristol-Myers Squibb COM 110122108   1,838 25,856 SH   SOLE   25,856 0 0
Bunge Ltd. COM G16962105   2,403 29,100 SH   SOLE   29,100 0 0
CSX Corp. COM 126408103   2,659 99,825 SH   SOLE   99,825 0 0
Camping World Holdings,Inc. COM 13462K109   648 25,600 SH   SOLE   25,600 0 0
Cardinal Health COM 14149Y108   320 4,800 SH   SOLE   4,800 0 0
Carrier Global Corporation COM 14448c104   281 7,891 SH   SOLE   7,891 0 0
Chevron Corporation (fmly. Che COM 166764100   2,624 18,264 SH   SOLE   18,264 0 0
Clorox Co. COM 189054109   1,799 14,010 SH   SOLE   14,010 0 0
ConocoPhillips COM 20825C104   1,491 14,566 SH   SOLE   14,566 0 0
Copart Inc. COM 217204106   2,006 18,850 SH   SOLE   18,850 0 0
DNP Select Income Fund (fmly. COM 23325p104   696 67,195 SH   SOLE   67,195 0 0
Direxion Daily S&P 500 Bear 1X COM 25460e869   1,679 93,900 SH   SOLE   93,900 0 0
Duke Energy COM 264399106   239 2,571 SH   SOLE   2,571 0 0
Duke Realty Corp. (fmly. Duke- COM 264411505   458 9,500 SH   SOLE   9,500 0 0
Elanco Animal Health COM 28414H103   191 15,353 SH   SOLE   15,353 0 0
Equinor ASA (formerly Statoil COM 29446m102   848 25,600 SH   SOLE   25,600 0 0
Essex Property Trust COM 297178105   1,507 6,221 SH   SOLE   6,221 0 0
Fed Ex COM 31304n107   349 2,350 SH   SOLE   2,350 0 0
Gilead Sciences, Inc. COM 375558103   1,065 17,266 SH   SOLE   17,266 0 0
Great Lakes Dredge & Dock Corp COM 390607109   610 80,450 SH   SOLE   80,450 0 0
Hawaiian Electric COM 419870100   1,449 41,812 SH   SOLE   41,812 0 0
Healthpeak Properties Inc (frm COM 42250P103   464 20,234 SH   SOLE   20,234 0 0
Intel Corp. COM 458140100   1,269 49,230 SH   SOLE   49,230 0 0
Johnson & Johnson COM 478160104   1,254 7,676 SH   SOLE   7,676 0 0
Kellogg Co. COM 487836108   914 13,124 SH   SOLE   13,124 0 0
Kimberly-Clark COM 494368103   1,153 10,248 SH   SOLE   10,248 0 0
Leggett & Platt, Inc. COM 524660107   475 14,300 SH   SOLE   14,300 0 0
Lilly, Eli COM 532457108   2,541 7,857 SH   SOLE   7,857 0 0
Lockheed Martin Corp. COM 539830109   2,743 7,100 SH   SOLE   7,100 0 0
Medical Marijuana, Inc. COM 58463A105   1 60,000 SH   SOLE   60,000 0 0
Merck & Co. COM 589331107   2,993 34,750 SH   SOLE   34,750 0 0
Microchip Technology, Inc. COM 595017104   2,551 41,800 SH   SOLE   41,800 0 0
Microsoft COM 594918104   3,330 14,300 SH   SOLE   14,300 0 0
NetApp, Inc. COM 64110d104   297 4,800 SH   SOLE   4,800 0 0
Nucor Corporation COM 670346105   1,214 11,350 SH   SOLE   11,350 0 0
Occidental Petroleum COM 674599105   1,672 27,207 SH   SOLE   27,207 0 0
Open Joint Stock Co. Gazprom COM 368287207   0 129,500 SH   SOLE   129,500 0 0
Oracle Corp. COM 68389X105   464 7,600 SH   SOLE   7,600 0 0
Otis Worldwide Corp. COM 68902v107   256 4,008 SH   SOLE   4,008 0 0
Pepsico Inc. COM 713448108   1,959 11,998 SH   SOLE   11,998 0 0
Petroleo Brasileiro S.A. COM 71654v408   769 62,300 SH   SOLE   62,300 0 0
Phillips 66 COM 718546104   500 6,200 SH   SOLE   6,200 0 0
ProShares Short S&P 500 COM 74347R503   7,554 437,124 SH   SOLE   437,124 0 0
Procter & Gamble COM 742718109   18,583 147,191 SH   SOLE   147,191 0 0
Public Storage COM 74460D109   1,854 6,333 SH   SOLE   6,333 0 0
Qualcomm Inc. COM 747525103   587 5,200 SH   SOLE   5,200 0 0
Rayonier Inc. COM 754907103   444 14,800 SH   SOLE   14,800 0 0
Realty Income Corp. COM 756109104   201 3,450 SH   SOLE   3,450 0 0
Regeneron Pharmaceuticals, Inc COM 75886f107   868 1,260 SH   SOLE   1,260 0 0
Regions Financial Corporation COM 7591EP100   293 14,600 SH   SOLE   14,600 0 0
Sanofi-Aventis SA COM 80105N105   912 23,995 SH   SOLE   23,995 0 0
Schlumberger, Ltd. COM 806857108   413 11,500 SH   SOLE   11,500 0 0
Southern Company COM 842587107   1,854 27,266 SH   SOLE   27,266 0 0
Target Stores COM 87612E106   1,016 6,850 SH   SOLE   6,850 0 0
The Gabelli Healthcare and Wel COM 36246K103   1,581 166,400 SH   SOLE   166,400 0 0
TotalEnergies SE (frmly Total COM 89151E109   2,302 49,483 SH   SOLE   49,483 0 0
Transocean, Ltd. COM 893817106   227 92,020 SH   SOLE   92,020 0 0
Trimble Navigation Ltd. COM 896239100   222 4,088 SH   SOLE   4,088 0 0
Unilever PLC COM 904767704   937 21,374 SH   SOLE   21,374 0 0
Verizon Corporation COM 92343V104   1,470 38,723 SH   SOLE   38,723 0 0
Vestas Wind Systems A/S COM 925458101   538 88,300 SH   SOLE   88,300 0 0
W.P. Carey, Inc. COM 92936u109   1,340 19,195 SH   SOLE   19,195 0 0
Warner Bros. Discovery COM 934423104   168 14,588 SH   SOLE   14,588 0 0
Weyerhaeuser Co. COM 962166104   989 34,632 SH   SOLE   34,632 0 0
Invesco PureBeta 0-5 Yr US TIP COM 46138e495   2,344 96,215 SH   SOLE   96,215 0 0
Pimco 1-5 Year U.S. TIPS Index COM 72201R205   9,592 194,140 SH   SOLE   194,140 0 0
Pimco Enhanced Short Maturity COM 72201R833   2,096 21,200 SH   SOLE   21,200 0 0
Schwab US TIPS ETF COM 808524870   1,402 27,064 SH   SOLE   27,064 0 0
ASA (Bermuda) Limited COM G3156P103   520 41,480 SH   SOLE   41,480 0 0
Agnico Eagle Miners Limited COM 008474108   2,934 69,477 SH   SOLE   69,477 0 0
Alamos Gold Inc COM 011532108   475 64,100 SH   SOLE   64,100 0 0
AngloGold Ashanti Ltd. COM 035128206   163 11,830 SH   SOLE   11,830 0 0
BHP Billiton Ltd. COM 088606108   673 13,440 SH   SOLE   13,440 0 0
Franco-Nevada Corp. COM 351858105   3,671 30,723 SH   SOLE   30,723 0 0
Freeport McMoRan Inc. COM 35671D857   1,610 58,900 SH   SOLE   58,900 0 0
Hecla Mining COM 422704106   121 30,782 SH   SOLE   30,782 0 0
IAMGOLD Corporation COM 450913108   66 61,766 SH   SOLE   61,766 0 0
Kinross Gold Corporation COM 496902404   334 88,916 SH   SOLE   88,916 0 0
Market Vectors Gold Miners ETF COM 57060U100   251 10,400 SH   SOLE   10,400 0 0
Newcrest Mining Limited COM Q6651B114   155 14,300 SH   SOLE   14,300 0 0
Newmont Goldcorp (fmly.Newmo COM 651639106   5,296 125,999 SH   SOLE   125,999 0 0
Norilsk Nickel Mining & Metall COM 55315J102   0 32,100 SH   SOLE   32,100 0 0
NovaGold Resources Inc. COM 66987E206   121 25,900 SH   SOLE   25,900 0 0
Pan American Silver Corp. COM 697900108   1,746 109,931 SH   SOLE   109,931 0 0
Sprott Physical Gold & Silver COM 85208R101   3,770 242,127 SH   SOLE   242,127 0 0
Sprott Physical Gold Trust COM 85207H104   2,313 180,707 SH   SOLE   180,707 0 0
Sprott Physical Silver Trust COM 852075107   1,361 205,650 SH   SOLE   205,650 0 0
Vale S.A. COM 91912E105   763 57,300 SH   SOLE   57,300 0 0
Wheaton Precious Metals (Silve COM 828336107   2,104 65,016 SH   SOLE   65,016 0 0
Yamana Gold, Inc. COM 98462Y100   1,835 405,120 SH   SOLE   405,120 0 0