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
BARRICK GOLD CORPORATION COM 067901108 5,506 317,693 SH   SOLE   317,693 0 0
CATERPILLAR INC DEL COM 149123101 3,507 27,762 SH   SOLE   27,762 0 0
CIENA CORP COM NEW 171779309 4,404 112,250 SH   SOLE   112,250 0 0
COMPANIA DE MINAS BUENAVENTU SPONSORED ADR 204448104 2,621 172,681 SH   SOLE   172,681 0 0
COSTCO WHSL CORP NEW COM 22160K105 6,587 22,864 SH   SOLE   22,864 0 0
CUMMINS INC COM 231021106 3,638 22,364 SH   SOLE   22,364 0 0
D R HORTON INC COM 23331A109 7,567 143,566 SH   SOLE   143,566 0 0
DBX ETF TR XTRACK HRVST CSI 233051879 1,962 72,434 SH   SOLE   72,434 0 0
DEERE & CO COM 244199105 3,791 22,477 SH   SOLE   22,477 0 0
DEVON ENERGY CORP NEW COM 25179M103 2,321 96,481 SH   SOLE   96,481 0 0
EATON CORP PLC SHS G29183103 2,245 27,002 SH   SOLE   27,002 0 0
GOLAR LNG LTD BERMUDA SHS G9456A100 1,369 105,351 SH   SOLE   105,351 0 0
HONEYWELL INTL INC COM 438516106 3,482 20,579 SH   SOLE   20,579 0 0
INTEL CORP COM 458140100 3,685 71,509 SH   SOLE   71,509 0 0
INTUITIVE SURGICAL INC COM NEW 46120E602 5,306 9,828 SH   SOLE   9,828 0 0
ISHARES INC MSCI MLY ETF NEW 46434G814 3,727 133,821 SH   SOLE   133,821 0 0
ISHARES INC MSCI TAIWAN ETF 46434G772 8,604 236,639 SH   SOLE   236,639 0 0
ISHARES SILVER TRUST ISHARES 46428Q109 831 52,179 SH   SOLE   52,179 0 0
ISHARES TR MSCI EMG MKT ETF 464287234 14,601 357,258 SH   SOLE   357,258 0 0
ISHARES TR US HOME CONS ETF 464288752 8,236 190,159 SH   SOLE   190,159 0 0
ITAU UNIBANCO HLDG SA SPON ADR REP PFD 465562106 3,140 373,333 SH   SOLE   373,333 0 0
LENNAR CORP CL A 526057104 3,899 69,811 SH   SOLE   69,811 0 0
MICROSOFT CORP COM 594918104 4,378 31,489 SH   SOLE   31,489 0 0
NEWMONT GOLDCORP CORPORATION COM 651639106 3,349 88,318 SH   SOLE   88,318 0 0
NORFOLK SOUTHERN CORP COM 655844108 6,528 36,336 SH   SOLE   36,336 0 0
NUTRIEN LTD COM 67077M108 3,039 60,919 SH   SOLE   60,919 0 0
PULTE GROUP INC COM 745867101 6,630 181,388 SH   SOLE   181,388 0 0
ROCKWELL AUTOMATION INC COM 773903109 2,980 18,080 SH   SOLE   18,080 0 0
ROSS STORES INC COM 778296103 6,580 59,904 SH   SOLE   59,904 0 0
SHERWIN WILLIAMS CO COM 824348106 3,815 6,938 SH   SOLE   6,938 0 0
SONY CORP SPONSORED ADR 835699307 6,429 108,733 SH   SOLE   108,733 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 2,198 15,827 SH   SOLE   15,827 0 0
SPDR SERIES TRUST S&P HOMEBUILD 78464A888 4,335 98,348 SH   SOLE   98,348 0 0
SPDR SERIES TRUST S&P OILGAS EXP 78464A730 2,570 114,938 SH   SOLE   114,938 0 0
SPLUNK INC COM 848637104 1,740 14,762 SH   SOLE   14,762 0 0
ST JOE CO COM 790148100 1,493 87,147 SH   SOLE   87,147 0 0
UNION PACIFIC CORP COM 907818108 5,315 32,812 SH   SOLE   32,812 0 0
VALE S A SPONSORED ADS 91912E105 2,322 201,882 SH   SOLE   201,882 0 0
VANECK VECTORS ETF TR RUSSIA ETF 92189F403 2,971 130,263 SH   SOLE   130,263 0 0