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 4,943 175,857 SH   SOLE   175,857 0 0
CATERPILLAR INC COM 149123101 3,005 20,149 SH   SOLE   20,149 0 0
CIENA CORP COM NEW 171779309 3,201 80,662 SH   SOLE   80,662 0 0
COMPANIA DE MINAS BUENAVENTU SPONSORED ADR 204448104 1,528 125,016 SH   SOLE   125,016 0 0
COSTCO WHSL CORP NEW COM 22160K105 6,008 16,925 SH   SOLE   16,925 0 0
CUMMINS INC COM 231021106 3,655 17,311 SH   SOLE   17,311 0 0
D R HORTON INC COM 23331A109 5,170 68,360 SH   SOLE   68,360 0 0
DEERE & CO COM 244199105 3,583 16,168 SH   SOLE   16,168 0 0
DEVON ENERGY CORP NEW COM 25179M103 656 69,293 SH   SOLE   69,293 0 0
EATON CORP PLC SHS G29183103 1,979 19,392 SH   SOLE   19,392 0 0
GOLAR LNG LTD SHS G9456A100 459 75,877 SH   SOLE   75,877 0 0
HONEYWELL INTL INC COM 438516106 2,431 14,769 SH   SOLE   14,769 0 0
INTEL CORP COM 458140100 2,651 51,201 SH   SOLE   51,201 0 0
INTUITIVE SURGICAL INC COM NEW 46120E602 5,048 7,114 SH   SOLE   7,114 0 0
ISHARES INC MSCI BRAZIL ETF 464286400 325 11,741 SH   SOLE   11,741 0 0
ISHARES INC MSCI TAIWAN ETF 46434G772 6,715 149,561 SH   SOLE   149,561 0 0
ISHARES SILVER TR ISHARES 46428Q109 477 22,050 SH   SOLE   22,050 0 0
ISHARES TR HDG MSCI JAPAN 46434V886 5,448 92,223 SH   SOLE   92,223 0 0
ISHARES TR MSCI EMG MKT ETF 464287234 11,312 256,555 SH   SOLE   256,555 0 0
ISHARES TR US HOME CONS ETF 464288752 6,553 115,669 SH   SOLE   115,669 0 0
LENNAR CORP CL A 526057104 3,139 38,430 SH   SOLE   38,430 0 0
MICROSOFT CORP COM 594918104 4,741 22,543 SH   SOLE   22,543 0 0
NEWMONT CORP COM 651639106 4,122 64,970 SH   SOLE   64,970 0 0
NORFOLK SOUTHN CORP COM 655844108 5,569 26,024 SH   SOLE   26,024 0 0
PULTE GROUP INC COM 745867101 4,466 96,470 SH   SOLE   96,470 0 0
RIO TINTO PLC SPONSORED ADR 767204100 2,132 28,350 SH   SOLE   28,350 0 0
ROCKWELL AUTOMATION INC COM 773903109 2,857 12,945 SH   SOLE   12,945 0 0
ROSS STORES INC COM 778296103 4,003 42,899 SH   SOLE   42,899 0 0
SCHLUMBERGER LTD COM 806857108 786 50,541 SH   SOLE   50,541 0 0
SHERWIN WILLIAMS CO COM 824348106 3,461 4,967 SH   SOLE   4,967 0 0
SONY CORP SPONSORED ADR 835699307 5,854 76,272 SH   SOLE   76,272 0 0
SPDR GOLD TR GOLD SHS 78463V107 971 5,482 SH   SOLE   5,482 0 0
SPDR SER TR S&P HOMEBUILD 78464A888 3,795 70,432 SH   SOLE   70,432 0 0
ST JOE CO COM 790148100 1,037 50,285 SH   SOLE   50,285 0 0
UNION PAC CORP COM 907818108 4,677 23,755 SH   SOLE   23,755 0 0
VALE S A SPONSORED ADS 91912E105 1,535 145,115 SH   SOLE   145,115 0 0
VANECK VECTORS ETF TR GOLD MINERS ETF 92189F106 6,441 164,468 SH   SOLE   164,468 0 0
VANECK VECTORS ETF TR RUSSIA ETF 92189F403 1,975 94,251 SH   SOLE   94,251 0 0
WISDOMTREE TR JAPN HEDGE EQT 97717W851 5,221 106,543 SH   SOLE   106,543 0 0