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    <nameOfIssuer>ADT INC DEL</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>00090Q103</cusip>
    <value>13687948</value>
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    <nameOfIssuer>ALIBABA GROUP HLDG LTD</nameOfIssuer>
    <titleOfClass>SPONSORED ADS</titleOfClass>
    <cusip>01609W102</cusip>
    <value>26941045</value>
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    <nameOfIssuer>ALLBIRDS INC</nameOfIssuer>
    <titleOfClass>CL A NEW</titleOfClass>
    <cusip>01675A208</cusip>
    <value>74107</value>
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      <Sole>13070</Sole>
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      <None>0</None>
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    <nameOfIssuer>ALPHABET INC</nameOfIssuer>
    <titleOfClass>CAP STK CL C</titleOfClass>
    <cusip>02079K107</cusip>
    <value>1624478</value>
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    <nameOfIssuer>ALPHABET INC</nameOfIssuer>
    <titleOfClass>CAP STK CL A</titleOfClass>
    <cusip>02079K305</cusip>
    <value>53694226</value>
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      <sshPrnamt>220873</sshPrnamt>
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      <Sole>220873</Sole>
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    <nameOfIssuer>ALTRIA GROUP INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>02209S103</cusip>
    <value>990900</value>
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      <Sole>15000</Sole>
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    <nameOfIssuer>AMAZON COM INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>023135106</cusip>
    <value>4855791</value>
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      <Sole>22115</Sole>
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      <None>0</None>
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    <nameOfIssuer>AMPLIFY ETF TR</nameOfIssuer>
    <titleOfClass>AMPLIFY ETHO CLI</titleOfClass>
    <cusip>032108557</cusip>
    <value>739386</value>
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      <sshPrnamt>11610</sshPrnamt>
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      <Sole>11610</Sole>
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      <None>0</None>
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    <nameOfIssuer>APPLE INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>037833100</cusip>
    <value>8603184</value>
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      <sshPrnamt>33787</sshPrnamt>
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      <Sole>33787</Sole>
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      <None>0</None>
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    <nameOfIssuer>AT&amp;T INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>00206R102</cusip>
    <value>35619451</value>
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      <None>0</None>
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    <nameOfIssuer>AXALTA COATING SYS LTD</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>G0750C108</cusip>
    <value>6766312</value>
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      <Sole>236419</Sole>
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      <None>0</None>
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    <nameOfIssuer>BANK AMERICA CORP</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>060505104</cusip>
    <value>13874718</value>
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      <Sole>268942</Sole>
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    <nameOfIssuer>BARK INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>68622E104</cusip>
    <value>136476</value>
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      <Sole>164270</Sole>
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      <None>0</None>
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    <nameOfIssuer>BECTON DICKINSON &amp; CO</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>075887109</cusip>
    <value>3329193</value>
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    <votingAuthority>
      <Sole>17787</Sole>
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      <None>0</None>
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    <nameOfIssuer>BERKSHIRE HATHAWAY INC DEL</nameOfIssuer>
    <titleOfClass>CL B NEW</titleOfClass>
    <cusip>084670702</cusip>
    <value>17566238</value>
    <shrsOrPrnAmt>
      <sshPrnamt>34941</sshPrnamt>
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      <Sole>34941</Sole>
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      <None>0</None>
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    <nameOfIssuer>BIO RAD LABS INC</nameOfIssuer>
    <titleOfClass>CL A</titleOfClass>
    <cusip>090572207</cusip>
    <value>9753086</value>
    <shrsOrPrnAmt>
      <sshPrnamt>34784</sshPrnamt>
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      <Sole>34784</Sole>
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      <None>0</None>
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    <nameOfIssuer>BLACKROCK INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>09290D101</cusip>
    <value>4958445</value>
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      <sshPrnamt>4253</sshPrnamt>
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      <Sole>4253</Sole>
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    <nameOfIssuer>BLACKROCK MUNIYIELD N Y QUAL</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>09255E102</cusip>
    <value>260811</value>
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      <Sole>26265</Sole>
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    <nameOfIssuer>BLOCK H &amp; R INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>093671105</cusip>
    <value>283192</value>
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      <sshPrnamt>5600</sshPrnamt>
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      <Sole>5600</Sole>
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      <None>0</None>
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    <nameOfIssuer>BRISTOL-MYERS SQUIBB CO</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>110122108</cusip>
    <value>17634326</value>
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      <Sole>391005</Sole>
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    <nameOfIssuer>BROADCOM INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>11135F101</cusip>
    <value>40411996</value>
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      <sshPrnamt>122494</sshPrnamt>
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      <Sole>122494</Sole>
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      <None>0</None>
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    <nameOfIssuer>CHEVRON CORP NEW</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>166764100</cusip>
    <value>3404112</value>
    <shrsOrPrnAmt>
      <sshPrnamt>21921</sshPrnamt>
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      <Sole>21921</Sole>
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    <nameOfIssuer>CHURCH &amp; DWIGHT CO INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>171340102</cusip>
    <value>210312</value>
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      <sshPrnamt>2400</sshPrnamt>
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      <Sole>2400</Sole>
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    <nameOfIssuer>CISCO SYS INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>17275R102</cusip>
    <value>23848817</value>
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      <Sole>348565</Sole>
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    <nameOfIssuer>COGNIZANT TECHNOLOGY SOLUTIO</nameOfIssuer>
    <titleOfClass>CL A</titleOfClass>
    <cusip>192446102</cusip>
    <value>4015213</value>
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      <Sole>59866</Sole>
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    <nameOfIssuer>COHERENT CORP</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>19247G107</cusip>
    <value>35789431</value>
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      <sshPrnamt>332245</sshPrnamt>
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      <Sole>332245</Sole>
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      <None>0</None>
    </votingAuthority>
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    <nameOfIssuer>CONAGRA BRANDS INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>205887102</cusip>
    <value>288602</value>
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      <sshPrnamt>15762</sshPrnamt>
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      <Sole>15762</Sole>
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      <None>0</None>
    </votingAuthority>
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    <nameOfIssuer>CONSTELLATION BRANDS INC</nameOfIssuer>
    <titleOfClass>CL A</titleOfClass>
    <cusip>21036P108</cusip>
    <value>323208</value>
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      <sshPrnamt>2400</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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      <Sole>2400</Sole>
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    <nameOfIssuer>CTO RLTY GROWTH INC NEW</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>22948Q101</cusip>
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      <Sole>10166</Sole>
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    <nameOfIssuer>DARLING INGREDIENTS INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>237266101</cusip>
    <value>11110051</value>
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      <Sole>359898</Sole>
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    <nameOfIssuer>DICKS SPORTING GOODS INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>253393102</cusip>
    <value>222220</value>
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      <sshPrnamt>1000</sshPrnamt>
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    <nameOfIssuer>DISNEY WALT CO</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>254687106</cusip>
    <value>511128</value>
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      <sshPrnamt>4464</sshPrnamt>
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      <Sole>4464</Sole>
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    <nameOfIssuer>DXC TECHNOLOGY CO</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>23355L106</cusip>
    <value>10774174</value>
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      <sshPrnamt>790475</sshPrnamt>
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      <Sole>790475</Sole>
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    <nameOfIssuer>ELEVANCE HEALTH INC FORMERLY</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>036752103</cusip>
    <value>2552325</value>
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    <nameOfIssuer>EOG RES INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>26875P101</cusip>
    <value>2968265</value>
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      <sshPrnamt>26474</sshPrnamt>
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      <Sole>26474</Sole>
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    <nameOfIssuer>EVEREST GROUP LTD</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>G3223R108</cusip>
    <value>19731258</value>
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    <nameOfIssuer>EXXON MOBIL CORP</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>30231G102</cusip>
    <value>2129396</value>
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      <Sole>18886</Sole>
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    <nameOfIssuer>FLAGSTAR FINANCIAL INC</nameOfIssuer>
    <titleOfClass>COM NEW</titleOfClass>
    <cusip>649445400</cusip>
    <value>269485</value>
    <shrsOrPrnAmt>
      <sshPrnamt>23332</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
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      <Sole>23332</Sole>
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      <None>0</None>
    </votingAuthority>
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    <nameOfIssuer>FRANCO NEV CORP</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>351858105</cusip>
    <value>267492</value>
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      <sshPrnamt>1200</sshPrnamt>
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      <Sole>1200</Sole>
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    </votingAuthority>
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    <nameOfIssuer>GENERAL MTRS CO</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>37045V100</cusip>
    <value>15641061</value>
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      <sshPrnamt>256537</sshPrnamt>
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    <votingAuthority>
      <Sole>256537</Sole>
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      <None>0</None>
    </votingAuthority>
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    <nameOfIssuer>GENTEX CORP</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>371901109</cusip>
    <value>1584800</value>
    <shrsOrPrnAmt>
      <sshPrnamt>56000</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>56000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>GILEAD SCIENCES INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>375558103</cusip>
    <value>2547672</value>
    <shrsOrPrnAmt>
      <sshPrnamt>22952</sshPrnamt>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>22952</Sole>
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      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>GOLUB CAP BDC INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>38173M102</cusip>
    <value>20022843</value>
    <shrsOrPrnAmt>
      <sshPrnamt>1462589</sshPrnamt>
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    <votingAuthority>
      <Sole>1462589</Sole>
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      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>HERSHEY CO</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>427866108</cusip>
    <value>2521434</value>
    <shrsOrPrnAmt>
      <sshPrnamt>13480</sshPrnamt>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>13480</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>INTEL CORP</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>458140100</cusip>
    <value>795638</value>
    <shrsOrPrnAmt>
      <sshPrnamt>23715</sshPrnamt>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>23715</Sole>
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      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>INTERNATIONAL BUSINESS MACHS</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>459200101</cusip>
    <value>608337</value>
    <shrsOrPrnAmt>
      <sshPrnamt>2156</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>2156</Sole>
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      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>INTUITIVE SURGICAL INC</nameOfIssuer>
    <titleOfClass>COM NEW</titleOfClass>
    <cusip>46120E602</cusip>
    <value>357784</value>
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      <sshPrnamt>800</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>800</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>ISHARES GOLD TR</nameOfIssuer>
    <titleOfClass>ISHARES NEW</titleOfClass>
    <cusip>464285204</cusip>
    <value>127875374</value>
    <shrsOrPrnAmt>
      <sshPrnamt>1757254</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>1757254</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>ISHARES SILVER TR</nameOfIssuer>
    <titleOfClass>ISHARES</titleOfClass>
    <cusip>46428Q109</cusip>
    <value>7163072</value>
    <shrsOrPrnAmt>
      <sshPrnamt>169060</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>169060</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>JEFFERIES FINL GROUP INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>47233W109</cusip>
    <value>523360</value>
    <shrsOrPrnAmt>
      <sshPrnamt>8000</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>8000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>JOHNSON &amp; JOHNSON</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>478160104</cusip>
    <value>2031832</value>
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      <sshPrnamt>10958</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>10958</Sole>
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      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>JPMORGAN CHASE &amp; CO.</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>46625H100</cusip>
    <value>786052</value>
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      <sshPrnamt>2492</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>2492</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>KRAFT HEINZ CO</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>500754106</cusip>
    <value>2559237</value>
    <shrsOrPrnAmt>
      <sshPrnamt>98281</sshPrnamt>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>98281</Sole>
      <Shared>0</Shared>
      <None>0</None>
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  <infoTable>
    <nameOfIssuer>KYNDRYL HLDGS INC</nameOfIssuer>
    <titleOfClass>COMMON STOCK</titleOfClass>
    <cusip>50155Q100</cusip>
    <value>30350450</value>
    <shrsOrPrnAmt>
      <sshPrnamt>1010671</sshPrnamt>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>1010671</Sole>
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      <None>0</None>
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  <infoTable>
    <nameOfIssuer>LAMB WESTON HLDGS INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>513272104</cusip>
    <value>273963</value>
    <shrsOrPrnAmt>
      <sshPrnamt>4717</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>4717</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>LENNAR CORP</nameOfIssuer>
    <titleOfClass>CL A</titleOfClass>
    <cusip>526057104</cusip>
    <value>3165243</value>
    <shrsOrPrnAmt>
      <sshPrnamt>25113</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>25113</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>LIBERTY GLOBAL LTD</nameOfIssuer>
    <titleOfClass>COM CL A</titleOfClass>
    <cusip>G61188101</cusip>
    <value>292918</value>
    <shrsOrPrnAmt>
      <sshPrnamt>25560</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>25560</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>LIBERTY GLOBAL LTD</nameOfIssuer>
    <titleOfClass>COM CL C</titleOfClass>
    <cusip>G61188127</cusip>
    <value>959705</value>
    <shrsOrPrnAmt>
      <sshPrnamt>81677</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>81677</Sole>
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      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>LIBERTY LATIN AMERICA LTD</nameOfIssuer>
    <titleOfClass>COM CL C</titleOfClass>
    <cusip>G9001E128</cusip>
    <value>115544</value>
    <shrsOrPrnAmt>
      <sshPrnamt>13690</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>13690</Sole>
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      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>LINDE PLC</nameOfIssuer>
    <titleOfClass>SHS</titleOfClass>
    <cusip>G54950103</cusip>
    <value>2919825</value>
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      <sshPrnamt>6147</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>6147</Sole>
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      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>LOEWS CORP</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>540424108</cusip>
    <value>1204680</value>
    <shrsOrPrnAmt>
      <sshPrnamt>12000</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>12000</Sole>
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      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>LOWES COS INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>548661107</cusip>
    <value>1775505</value>
    <shrsOrPrnAmt>
      <sshPrnamt>7065</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>7065</Sole>
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      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>LUMENTUM HLDGS INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>55024U109</cusip>
    <value>33811463</value>
    <shrsOrPrnAmt>
      <sshPrnamt>207802</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>207802</Sole>
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      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>M &amp; T BK CORP</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>55261F104</cusip>
    <value>7584063</value>
    <shrsOrPrnAmt>
      <sshPrnamt>38377</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>38377</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>MARQETA INC</nameOfIssuer>
    <titleOfClass>CLASS A COM</titleOfClass>
    <cusip>57142B104</cusip>
    <value>12558601</value>
    <shrsOrPrnAmt>
      <sshPrnamt>2378523</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>2378523</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>MARVELL TECHNOLOGY INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>573874104</cusip>
    <value>18347185</value>
    <shrsOrPrnAmt>
      <sshPrnamt>218237</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>218237</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>MEDTRONIC PLC</nameOfIssuer>
    <titleOfClass>SHS</titleOfClass>
    <cusip>G5960L103</cusip>
    <value>3792362</value>
    <shrsOrPrnAmt>
      <sshPrnamt>39819</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>39819</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>MERCK &amp; CO INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>58933Y105</cusip>
    <value>3860612</value>
    <shrsOrPrnAmt>
      <sshPrnamt>45998</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>45998</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>META PLATFORMS INC</nameOfIssuer>
    <titleOfClass>CL A</titleOfClass>
    <cusip>30303M102</cusip>
    <value>2294203</value>
    <shrsOrPrnAmt>
      <sshPrnamt>3124</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>3124</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>MICROSOFT CORP</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>594918104</cusip>
    <value>1165388</value>
    <shrsOrPrnAmt>
      <sshPrnamt>2250</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>2250</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>MONDELEZ INTL INC</nameOfIssuer>
    <titleOfClass>CL A</titleOfClass>
    <cusip>609207105</cusip>
    <value>432292</value>
    <shrsOrPrnAmt>
      <sshPrnamt>6920</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>6920</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>NEW GERMANY FD INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>644465106</cusip>
    <value>377353</value>
    <shrsOrPrnAmt>
      <sshPrnamt>32643</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>32643</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>NOBLE CORP PLC</nameOfIssuer>
    <titleOfClass>ORD SHS A</titleOfClass>
    <cusip>G65431127</cusip>
    <value>1139995</value>
    <shrsOrPrnAmt>
      <sshPrnamt>40311</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>40311</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>NOVARTIS AG</nameOfIssuer>
    <titleOfClass>SPONSORED ADR</titleOfClass>
    <cusip>66987V109</cusip>
    <value>1620441</value>
    <shrsOrPrnAmt>
      <sshPrnamt>12636</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>12636</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>NUTRIEN LTD</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>67077M108</cusip>
    <value>4966572</value>
    <shrsOrPrnAmt>
      <sshPrnamt>84595</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>84595</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>OAKTREE SPECIALTY LENDING CO</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>67401P405</cusip>
    <value>2346977</value>
    <shrsOrPrnAmt>
      <sshPrnamt>179845</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>179845</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>ON HLDG AG</nameOfIssuer>
    <titleOfClass>NAMEN AKT A</titleOfClass>
    <cusip>H5919C104</cusip>
    <value>14780150</value>
    <shrsOrPrnAmt>
      <sshPrnamt>349000</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>349000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>ORACLE CORP</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>68389X105</cusip>
    <value>281240</value>
    <shrsOrPrnAmt>
      <sshPrnamt>1000</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>1000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>ORGANON &amp; CO</nameOfIssuer>
    <titleOfClass>COMMON STOCK</titleOfClass>
    <cusip>68622V106</cusip>
    <value>870740</value>
    <shrsOrPrnAmt>
      <sshPrnamt>81530</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>81530</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
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    <nameOfIssuer>PAYPAL HLDGS INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>70450Y103</cusip>
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      <sshPrnamt>166753</sshPrnamt>
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    <votingAuthority>
      <Sole>166753</Sole>
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      <None>0</None>
    </votingAuthority>
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    <nameOfIssuer>PEPSICO INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>713448108</cusip>
    <value>3261298</value>
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      <sshPrnamt>23222</sshPrnamt>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>23222</Sole>
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      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>PFIZER INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>717081103</cusip>
    <value>19785169</value>
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      <sshPrnamt>776498</sshPrnamt>
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    <votingAuthority>
      <Sole>776498</Sole>
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      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>PHILIP MORRIS INTL INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>718172109</cusip>
    <value>1622000</value>
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      <sshPrnamt>10000</sshPrnamt>
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    <votingAuthority>
      <Sole>10000</Sole>
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      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>PRICE T ROWE GROUP INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>74144T108</cusip>
    <value>4245806</value>
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      <sshPrnamt>41366</sshPrnamt>
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      <Sole>41366</Sole>
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      <None>0</None>
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    <nameOfIssuer>REGENERON PHARMACEUTICALS</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>75886F107</cusip>
    <value>3501818</value>
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      <sshPrnamt>6228</sshPrnamt>
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      <Sole>6228</Sole>
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      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>RH</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>74967X103</cusip>
    <value>406320</value>
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      <sshPrnamt>2000</sshPrnamt>
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    <votingAuthority>
      <Sole>2000</Sole>
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      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>ROBERT HALF INC.</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>770323103</cusip>
    <value>2904984</value>
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      <sshPrnamt>85491</sshPrnamt>
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    <votingAuthority>
      <Sole>85491</Sole>
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      <None>0</None>
    </votingAuthority>
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    <nameOfIssuer>RTX CORPORATION</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>75513E101</cusip>
    <value>25942509</value>
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      <sshPrnamt>155038</sshPrnamt>
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      <Sole>155038</Sole>
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      <None>0</None>
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    <nameOfIssuer>SENSATA TECHNOLOGIES HLDG PL</nameOfIssuer>
    <titleOfClass>SHS</titleOfClass>
    <cusip>G8060N102</cusip>
    <value>7273161</value>
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      <sshPrnamt>238074</sshPrnamt>
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    <votingAuthority>
      <Sole>238074</Sole>
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      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>SLM CORP</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>78442P106</cusip>
    <value>26458094</value>
    <shrsOrPrnAmt>
      <sshPrnamt>955856</sshPrnamt>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>955856</Sole>
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      <None>0</None>
    </votingAuthority>
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    <nameOfIssuer>SMARTRENT INC</nameOfIssuer>
    <titleOfClass>COM CL A</titleOfClass>
    <cusip>83193G107</cusip>
    <value>541551</value>
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      <sshPrnamt>384079</sshPrnamt>
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    <votingAuthority>
      <Sole>384079</Sole>
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      <None>0</None>
    </votingAuthority>
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    <nameOfIssuer>SMURFIT WESTROCK PLC</nameOfIssuer>
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    <cusip>G8267P108</cusip>
    <value>14874221</value>
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      <sshPrnamt>353145</sshPrnamt>
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      <Sole>353145</Sole>
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      <None>0</None>
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    <nameOfIssuer>SONY GROUP CORP</nameOfIssuer>
    <titleOfClass>SPONSORED ADR</titleOfClass>
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    <value>20431198</value>
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      <sshPrnamt>709663</sshPrnamt>
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    <investmentDiscretion>SOLE</investmentDiscretion>
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      <Sole>709663</Sole>
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      <None>0</None>
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  <infoTable>
    <nameOfIssuer>SPDR GOLD TR</nameOfIssuer>
    <titleOfClass>GOLD SHS</titleOfClass>
    <cusip>78463V107</cusip>
    <value>173412711</value>
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      <sshPrnamt>487875</sshPrnamt>
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      <Sole>487875</Sole>
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      <None>0</None>
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  <infoTable>
    <nameOfIssuer>SPROTT ASSET MANAGEMENT LP</nameOfIssuer>
    <titleOfClass>PHYSICAL SILVER</titleOfClass>
    <cusip>85207K107</cusip>
    <value>1562150</value>
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      <sshPrnamt>99500</sshPrnamt>
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    <votingAuthority>
      <Sole>99500</Sole>
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      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>SPROTT ASSET MANAGEMENT LP</nameOfIssuer>
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    <cusip>85207H104</cusip>
    <value>1525015</value>
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      <sshPrnamt>51486</sshPrnamt>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>51486</Sole>
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      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>STRATA CRITICAL MEDICAL INC</nameOfIssuer>
    <titleOfClass>CL A COM</titleOfClass>
    <cusip>092667104</cusip>
    <value>151800</value>
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      <sshPrnamt>30000</sshPrnamt>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>30000</Sole>
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      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>TE CONNECTIVITY PLC</nameOfIssuer>
    <titleOfClass>ORD SHS</titleOfClass>
    <cusip>G87052109</cusip>
    <value>329295</value>
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      <sshPrnamt>1500</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>1500</Sole>
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      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>TEXAS INSTRS INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>882508104</cusip>
    <value>3561974</value>
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      <sshPrnamt>19387</sshPrnamt>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>19387</Sole>
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      <None>0</None>
    </votingAuthority>
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    <nameOfIssuer>THE REALREAL INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>88339P101</cusip>
    <value>340915</value>
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      <sshPrnamt>32071</sshPrnamt>
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      <Sole>32071</Sole>
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      <None>0</None>
    </votingAuthority>
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    <nameOfIssuer>TYSON FOODS INC</nameOfIssuer>
    <titleOfClass>CL A</titleOfClass>
    <cusip>902494103</cusip>
    <value>3166070</value>
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      <sshPrnamt>58307</sshPrnamt>
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    <nameOfIssuer>UBER TECHNOLOGIES INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
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    <value>24094154</value>
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      <None>0</None>
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    <nameOfIssuer>UNITED PARCEL SERVICE INC</nameOfIssuer>
    <titleOfClass>CL B</titleOfClass>
    <cusip>911312106</cusip>
    <value>1534446</value>
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      <sshPrnamt>18370</sshPrnamt>
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    </votingAuthority>
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    <nameOfIssuer>UNITEDHEALTH GROUP INC</nameOfIssuer>
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    </votingAuthority>
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    <nameOfIssuer>UNUM GROUP</nameOfIssuer>
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    <value>311120</value>
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      <sshPrnamt>4000</sshPrnamt>
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  <infoTable>
    <nameOfIssuer>US BANCORP DEL</nameOfIssuer>
    <titleOfClass>COM NEW</titleOfClass>
    <cusip>902973304</cusip>
    <value>847225</value>
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      <sshPrnamt>17530</sshPrnamt>
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      <Sole>17530</Sole>
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      <None>0</None>
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    <nameOfIssuer>VERIZON COMMUNICATIONS INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>92343V104</cusip>
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      <Sole>412751</Sole>
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      <None>0</None>
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    <nameOfIssuer>VERTIV HOLDINGS CO</nameOfIssuer>
    <titleOfClass>COM CL A</titleOfClass>
    <cusip>92537N108</cusip>
    <value>44148123</value>
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      <sshPrnamt>292643</sshPrnamt>
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    <nameOfIssuer>VIATRIS INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>92556V106</cusip>
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    <nameOfIssuer>VITESSE ENERGY INC</nameOfIssuer>
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    <cusip>92852X103</cusip>
    <value>240036</value>
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      <None>0</None>
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    <nameOfIssuer>WALMART INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>931142103</cusip>
    <value>1237338</value>
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      <sshPrnamt>12006</sshPrnamt>
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    <nameOfIssuer>WESTERN UN CO</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>959802109</cusip>
    <value>2165450</value>
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      <sshPrnamt>271020</sshPrnamt>
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    <nameOfIssuer>WHIRLPOOL CORP</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>963320106</cusip>
    <value>1116120</value>
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      <Sole>14200</Sole>
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      <None>0</None>
    </votingAuthority>
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    <nameOfIssuer>WILLIAMS COS INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>969457100</cusip>
    <value>219951</value>
    <shrsOrPrnAmt>
      <sshPrnamt>3472</sshPrnamt>
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      <Sole>3472</Sole>
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      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>XPO INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>983793100</cusip>
    <value>16947297</value>
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      <sshPrnamt>131100</sshPrnamt>
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    <investmentDiscretion>SOLE</investmentDiscretion>
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      <Sole>131100</Sole>
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      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>ZIMMER BIOMET HOLDINGS INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>98956P102</cusip>
    <value>905215</value>
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      <sshPrnamt>9190</sshPrnamt>
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    <investmentDiscretion>SOLE</investmentDiscretion>
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      <Sole>9190</Sole>
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      <None>0</None>
    </votingAuthority>
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</informationTable>
