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 CORP COM 067901108 5,067 180,250 SH   SOLE   180,250 0 0
CATERPILLAR INC DEL COM 149123101 3,081 20,656 SH   SOLE   20,656 0 0
CIENA CORP COM NEW 171779309 3,281 82,677 SH   SOLE   82,677 0 0
COMPANIA DE MINAS BUENAVENTU SPONSORED ADR 204448104 1,566 128,155 SH   SOLE   128,155 0 0
COSTCO WHSL CORP NEW COM 22160K105 6,448 18,163 SH   SOLE   18,163 0 0
CUMMINS INC COM 231021106 3,750 17,760 SH   SOLE   17,760 0 0
D R HORTON INC COM 23331A109 6,898 91,201 SH   SOLE   91,201 0 0
DEERE & CO COM 244199105 3,673 16,572 SH   SOLE   16,572 0 0
DEVON ENERGY CORP NEW COM 25179M103 672 71,025 SH   SOLE   71,025 0 0
EATON CORP PLC SHS G29183103 2,028 19,877 SH   SOLE   19,877 0 0
GOLAR LNG LTD SHS G9456A100 471 77,775 SH   SOLE   77,775 0 0
HONEYWELL INTL INC COM 438516106 2,492 15,138 SH   SOLE   15,138 0 0
INTEL CORP COM 458140100 2,717 52,479 SH   SOLE   52,479 0 0
INTUITIVE SURGICAL INC COM NEW 46120E602 5,174 7,292 SH   SOLE   7,292 0 0
ISHARES INC MSCI BRAZIL ETF 464286400 330 11,928 SH   SOLE   11,928 0 0
ISHARES INC MSCI TAIWAN ETF 46434G772 6,883 153,291 SH   SOLE   153,291 0 0
ISHARES SILVER TR ISHARES 46428Q109 485 22,401 SH   SOLE   22,401 0 0
ISHARES TR MSCI EMG MKT ETF 464287234 11,594 262,964 SH   SOLE   262,964 0 0
ISHARES TR US HOME CONS ETF 464288752 7,908 139,587 SH   SOLE   139,587 0 0
LENNAR CORP CL A 526057104 4,185 51,242 SH   SOLE   51,242 0 0
MICROSOFT CORP COM 594918104 4,860 23,105 SH   SOLE   23,105 0 0
NEWMONT CORP COM 651639106 4,227 66,613 SH   SOLE   66,613 0 0
NORFOLK SOUTHN CORP COM 655844108 5,708 26,673 SH   SOLE   26,673 0 0
PULTE GROUP INC COM 745867101 5,803 125,372 SH   SOLE   125,372 0 0
ROCKWELL AUTOMATION INC COM 773903109 2,928 13,268 SH   SOLE   13,268 0 0
ROSS STORES INC COM 778296103 4,103 43,968 SH   SOLE   43,968 0 0
SCHLUMBERGER LTD COM 806857108 806 51,804 SH   SOLE   51,804 0 0
SHERWIN WILLIAMS CO COM 824348106 3,547 5,091 SH   SOLE   5,091 0 0
SONY CORP SPONSORED ADR 835699307 6,216 80,987 SH   SOLE   80,987 0 0
SPDR GOLD TR GOLD SHS 78463V107 986 5,569 SH   SOLE   5,569 0 0
SPDR SER TR S&P HOMEBUILD 78464A888 3,889 72,188 SH   SOLE   72,188 0 0
ST JOE CO COM 790148100 1,428 69,235 SH   SOLE   69,235 0 0
UNION PAC CORP COM 907818108 4,794 24,351 SH   SOLE   24,351 0 0
VALE S A SPONSORED ADS 91912E105 1,574 148,743 SH   SOLE   148,743 0 0
VANECK VECTORS ETF TR RUSSIA ETF 92189F403 2,024 96,615 SH   SOLE   96,615 0 0
VANECK VECTORS ETF TR GOLD MINERS ETF 92189F106 6,601 168,574 SH   SOLE   168,574 0 0
WISDOMTREE TR JAPN HEDGE EQT 97717W851 5,351 109,204 SH   SOLE   109,204 0 0