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
AMERICAN INTL GROUP INC COM NEW 026874784 2,876 46,009 SH   SOLE   46,009 0 0
ANNALY CAP MGMT INC COM 035710409 2,824 234,375 SH   SOLE   234,375 0 0
AT&T INC COM 00206R102 1,313 34,800 SH   SOLE   34,800 0 0
BANCO SANTANDER SA ADR 05964H105 926 138,453 SH   SOLE   138,453 0 0
BARRICK GOLD CORP COM 067901108 3,247 204,100 SH   SOLE   204,100 0 0
CHESAPEAKE ENERGY CORP COM 165167107 2,199 442,400 SH   SOLE   442,400 0 0
CHINA AUTOMOTIVE SYS INC COM 16936R105 227 46,807 SH   SOLE   46,807 0 0
CHINA XD PLASTICS CO LTD COM 16948F107 601 127,972 SH   SOLE   127,972 0 0
CITIGROUP INC COM NEW 172967424 2,934 43,875 SH   SOLE   43,875 0 0
COMCAST CORP NEW CL A 20030N101 2,698 69,310 SH   SOLE   69,310 0 0
DEVON ENERGY CORP NEW COM 25179M103 1,980 61,930 SH   SOLE   61,930 0 0
FREEPORT-MCMORAN INC CL B 35671D857 3,674 305,930 SH   SOLE   305,930 0 0
GAMESTOP CORP NEW CL A 36467W109 1,274 58,950 SH   SOLE   58,950 0 0
GENERAL ELECTRIC CO COM 369604103 2,591 95,911 SH   SOLE   95,911 0 0
GLOBAL X FDS MSCI GREECE ETF 37950E366 128 12,650 SH   SOLE   12,650 0 0
ISHARES MSCI SWEDEN ETF 464286756 720 21,225 SH   SOLE   21,225 0 0
ISHARES MSCI SPAN CP ETF 464286764 391 11,915 SH   SOLE   11,915 0 0
ISHARES MSCI GERMANY ETF 464286806 259 8,550 SH   SOLE   8,550 0 0
ISHARES TR CHINA LG-CAP ETF 464287184 1,171 29,500 SH   SOLE   29,500 0 0
MCEWEN MNG INC COM 58039P107 341 129,500 SH   SOLE   129,500 0 0
MEDTRONIC PLC SHS G5960L103 2,356 26,550 SH   SOLE   26,550 0 0
MOSAIC CO NEW COM 61945C103 2,556 111,950 SH   SOLE   111,950 0 0
PFIZER INC COM 717081103 3,321 98,865 SH   SOLE   98,865 0 0
SPDR SERIES TRUST S&P HOMEBUILD 78464A888 2,336 60,640 SH   SOLE   60,640 0 0
SUNCOR ENERGY INC NEW COM 867224107 2,056 70,396 SH   SOLE   70,396 0 0
TRANSCANADA CORP COM 89353D107 350 7,350 SH   SOLE   7,350 0 0
VANECK VECTORS ETF TR PHARMACEUTICAL E 92189F692 1,619 27,420 SH   SOLE   27,420 0 0
VANECK VECTORS ETF TR VIETNAM ETF 92189F817 206 13,800 SH   SOLE   13,800 0 0
VIACOM INC NEW CL B 92553P201 2,385 71,050 SH   SOLE   71,050 0 0
WISDOMTREE TR JAPN HEDGE EQT 97717W851 1,127 21,675 SH   SOLE   21,675 0 0