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
AGNICO EAGLE MINES LTD COM 008474108 7,816 169,264 SH   SOLE   169,264 0 0
ALEXCO RESOURCE CORP COM 01535P106 110 75,822 SH   SOLE   75,822 0 0
ALMADEN MINERALS LTD COM CL B 020283305 2,007 1,949,268 SH   SOLE   1,949,268 0 0
AMGEN INC COM 031162100 4,451 25,600 SH   SOLE   25,600 0 0
APPLE INC COM 037833100 13,026 76,975 SH   SOLE   76,975 0 0
ARTISAN PARTNERS ASSET MGMT CL A 04316A108 7,366 186,500 SH   SOLE   186,500 0 0
ASANKO GOLD INC COM 04341Y105 79 111,479 SH   SOLE   111,479 0 0
AURYN RES INC COM 05208W108 503 307,000 SH   SOLE   307,000 0 0
B2GOLD CORP COM 11777Q209 3,360 1,083,970 SH   SOLE   1,083,970 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 5,272 26,600 SH   SOLE   26,600 0 0
CAL MAINE FOODS INC COM NEW 128030202 11,259 253,308 SH   SOLE   253,308 0 0
CAMECO CORP COM 13321L108 941 101,995 SH   SOLE   101,995 0 0
CARBO CERAMICS INC COM 140781105 1,730 170,000 SH   SOLE   170,000 0 0
CENTRAL FD CDA LTD CL A 153501101 21,484 1,603,310 SH   SOLE   1,603,310 0 0
COMPANIA DE MINAS BUENAVENTU SPONSORED ADR 204448104 635 35,900 SH   SOLE   35,900 0 0
CIRRUS LOGIC INC COM 172755100 7,078 136,500 SH   SOLE   136,500 0 0
DENISON MINES CORP COM 248356107 16 30,728 SH   SOLE   30,728 0 0
DIREXION SHS ETF TR DLY JR GOLD 3X 25460E877 310 17,500 SH   SOLE   17,500 0 0
DRDGOLD LIMITED SPON ADR REPSTG 26152H301 32 10,000 SH   SOLE   10,000 0 0
ELDORADO GOLD CORP NEW COM 284902103 18 13,150 SH   SOLE   13,150 0 0
ELECTRUM SPL ACQUISITION COR *W EXP 99/99/999 G3105C112 274 676,600 SH   SOLE   676,600 0 0
EMX RTY CORP COM 26873J107 4,376 4,809,716 SH   SOLE   4,809,716 0 0
ENERGY FUELS INC *W EXP 09/20/202 292671179 180 277,778 SH   SOLE   277,778 0 0
EXXON MOBIL CORP COM 30231G102 6,783 81,100 SH   SOLE   81,100 0 0
FEDERATED INVS INC PA CL B 314211103 8,118 225,000 SH   SOLE   225,000 0 0
FIRST MAJESTIC SILVER CORP COM 32076V103 349 51,861 SH   SOLE   51,861 0 0
FORTUNA SILVER MINES INC COM 349915108 3,773 722,800 SH   SOLE   722,800 0 0
FRANCO NEVADA CORP COM 351858105 9,061 113,337 SH   SOLE   113,337 0 0
FRANKLIN RES INC COM 354613101 12,067 278,500 SH   SOLE   278,500 0 0
FREEPORT-MCMORAN INC CL B 35671D857 297 15,700 SH   SOLE   15,700 0 0
FRP HLDGS INC COM 30292L107 4,225 95,500 SH   SOLE   95,500 0 0
GAMESTOP CORP NEW CL A 36467W109 6,013 335,000 SH   SOLE   335,000 0 0
GARMIN LTD SHS H2906T109 5,242 88,000 SH   SOLE   88,000 0 0
GENTEX CORP COM 371901109 10,998 525,000 SH   SOLE   525,000 0 0
GLADSTONE INVT CORP COM 376546107 189 17,000 SH   SOLE   17,000 0 0
GLOBAL X FDS GLOBAL X URANIUM 37954Y871 391 26,000 SH   SOLE   26,000 0 0
GOLD STD VENTURES CORP COM 380738104 511 292,327 SH   SOLE   292,327 0 0
GOLDCORP INC NEW COM 380956409 906 70,967 SH   SOLE   70,967 0 0
GREAT PANTHER SILVER LTD COM 39115V101 59 45,853 SH   SOLE   45,853 0 0
HELMERICH & PAYNE INC COM 423452101 10,155 157,112 SH   SOLE   157,112 0 0
IAMGOLD CORP COM 450913108 508 87,300 SH   SOLE   87,300 0 0
INDUSTRIAS BACHOCO S A B DE SPON ADR B 456463108 5,094 88,914 SH   SOLE   88,914 0 0
INTERNATIONAL TOWER HILL MIN COM 46050R102 28 67,200 SH   SOLE   67,200 0 0
ISHARES TR 1 3 YR TREAS BD 464287457 203 2,422 SH   SOLE   2,422 0 0
ISHARES TR 20 YR TR BD ETF 464287432 255 2,012 SH   SOLE   2,012 0 0
ISHARES GOLD TRUST ISHARES 464285105 199 15,946 SH   SOLE   15,946 0 0
KENNEDY-WILSON HLDGS INC COM 489398107 10,680 615,612 SH   SOLE   615,612 0 0
KINROSS GOLD CORP COM NO PAR 496902404 102 23,615 SH   SOLE   23,615 0 0
KIRKLAND LAKE GOLD LTD COM 49741E100 2,667 173,697 SH   SOLE   173,697 0 0
KLONDEX MNS LTD COM 498696103 42 16,345 SH   SOLE   16,345 0 0
LAM RESEARCH CORP COM 512807108 6,902 37,500 SH   SOLE   37,500 0 0
MAG SILVER CORP COM 55903Q104 4,532 366,744 SH   SOLE   366,744 0 0
MARCUS & MILLICHAP INC COM 566324109 4,108 126,000 SH   SOLE   126,000 0 0
MKS INSTRUMENT INC COM 55306N104 3,543 37,500 SH   SOLE   37,500 0 0
MOUNTAIN PROV DIAMONDS INC COM NEW 62426E402 937 340,952 SH   SOLE   340,952 0 0
NEVSUN RES LTD COM 64156L101 5,875 2,407,870 SH   SOLE   2,407,870 0 0
NEW GOLD INC CDA COM 644535106 139 42,550 SH   SOLE   42,550 0 0
NEWMONT MINING CORP COM 651639106 238 6,351 SH   SOLE   6,351 0 0
NEXGEN ENERGY LTD COM 65340P106 938 366,470 SH   SOLE   366,470 0 0
NORTHERN DYNASTY MINERALS LT COM NEW 66510M204 28 16,000 SH   SOLE   16,000 0 0
OASIS PETE INC NEW COM 674215108 149 17,800 SH   SOLE   17,800 0 0
OSISKO GOLD ROYALTIES LTD COM 68827L101 762 65,991 SH   SOLE   65,991 0 0
PAN AMERICAN SILVER CORP COM 697900108 5,466 351,330 SH   SOLE   351,330 0 0
PLATINUM GROUP METALS LTD COM 72765Q601 117 396,335 SH   SOLE   396,335 0 0
POWERSHS DB MULTI SECT COMM PS DB AGRICUL FD 73936B408 469 25,000 SH   SOLE   25,000 0 0
PRETIUM RES INC COM 74139C102 11,759 1,030,672 SH   SOLE   1,030,672 0 0
RANDGOLD RES LTD ADR 752344309 7,685 77,719 SH   SOLE   77,719 0 0
ROYAL GOLD INC COM 780287108 2,702 32,912 SH   SOLE   32,912 0 0
SANDERSON FARMS INC COM 800013104 7,841 56,500 SH   SOLE   56,500 0 0
SANDSTORM GOLD LTD COM NEW 80013R206 13,059 2,617,198 SH   SOLE   2,617,198 0 0
SEABRIDGE GOLD INC COM 811916105 4,235 374,855 SH   SOLE   374,855 0 0
SPROTT FOCUS TR INC COM 85208J109 457 57,779 SH   SOLE   57,779 0 0
SPROTT PHYSICAL GOLD TRUST UNIT 85207H104 1,333 125,959 SH   SOLE   125,959 0 0
SPROTT PHYSICAL PLAT PALLAD UNIT 85207Q104 879 94,200 SH   SOLE   94,200 0 0
SPROTT PHYSICAL SILVER TR TR UNIT 85207K107 666 105,130 SH   SOLE   105,130 0 0
SSR MNG INC COM 784730103 733 83,404 SH   SOLE   83,404 0 0
SUNCOR ENERGY INC NEW COM 867224107 243 6,634 SH   SOLE   6,634 0 0
SYNTEL INC COM 87162H103 6,897 300,000 SH   SOLE   300,000 0 0
TAHOE RES INC COM 873868103 103 21,619 SH   SOLE   21,619 0 0
TEUCRIUM COMMODITY TR CORN FD SHS 88166A102 229 13,700 SH   SOLE   13,700 0 0
TEUCRIUM COMMODITY TR WHEAT FD 88166A508 246 41,000 SH   SOLE   41,000 0 0
BUCKLE INC COM 118440106 7,600 320,000 SH   SOLE   320,000 0 0
THOR INDS INC COM 885160101 8,591 57,000 SH   SOLE   57,000 0 0
TURQUOISE HILL RES LTD COM 900435108 45 13,200 SH   SOLE   13,200 0 0
URANIUM ENERGY CORP COM 916896103 531 300,511 SH   SOLE   300,511 0 0
VANECK VECTORS ETF TR GOLD MINERS ETF 92189F106 6,707 288,600 SH Call SOLE   288,600 0 0
VANECK VECTORS ETF TR GOLD MINERS ETF 92189F106 4,046 174,134 SH   SOLE   174,134 0 0
VANECK VECTORS ETF TR HIGH YLD MUN ETF 92189F361 9,597 281,200 SH Call SOLE   281,200 0 0
VANGUARD BD INDEX FD INC LONG TERM BOND 921937793 248 2,615 SH   SOLE   2,615 0 0
VISTA GOLD CORP COM NEW 927926303 44 63,166 SH   SOLE   63,166 0 0
WESTERN DIGITAL CORP COM 958102105 11,810 148,500 SH   SOLE   148,500 0 0
WESTLAKE CHEM CORP COM 960413102 3,941 37,000 SH   SOLE   37,000 0 0
WILLIAMS SONOMA INC COM 969904101 4,808 93,000 SH   SOLE   93,000 0 0
YAMANA GOLD INC COM 98462Y100 119 30,399 SH   SOLE   30,399 0 0