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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
3M CO COM 88579Y101   594,535 5,940 SH   SOLE   5,940 0 0
ABRDN GOLD ETF TRUST PHYSCL GOLD SHS 00326A104   183,700 10,000 SH   SOLE   10,000 0 0
ADVISORSHARES TR PURE US CANNABIS 00768Y453   174,510 31,500 SH   SOLE   31,500 0 0
ALBEMARLE CORP COM 012653101   223,090 1,000 SH   SOLE   1,000 0 0
AMNEAL PHARMACEUTICALS INC COM STK CL A 03168L105   262,260 84,600 SH   SOLE   84,600 0 0
ARAMARK COM 03852U106   408,975 9,500 SH   SOLE   9,500 0 0
ARCONIC CORPORATION COM 03966V107   1,085,586 36,700 SH   SOLE   36,700 0 0
ARCOS DORADOS HOLDINGS INC SHS CLASS -A - G0457F107   2,954,624 288,256 SH   SOLE   288,256 0 0
AT&T INC COM 00206R102   303,848 19,050 SH   SOLE   19,050 0 0
BANK AMERICA CORP COM 060505104   697,167 24,300 SH   SOLE   24,300 0 0
BARCLAYS PLC ADR 06738E204   1,208,082 153,700 SH   SOLE   153,700 0 0
BARRICK GOLD CORP COM 067901108   705,981 41,700 SH   SOLE   41,700 0 0
BOEING CO COM 097023105   1,358,815 6,435 SH   SOLE   6,435 0 0
BP PLC SPONSORED ADR 055622104   3,172,915 89,910 SH   SOLE   89,910 0 0
BRISTOL-MYERS SQUIBB CO COM 110122108   757,808 11,850 SH   SOLE   11,850 0 0
BROOKDALE SR LIVING INC COM 112463104   768,040 182,000 SH   SOLE   182,000 0 0
C3 AI INC CL A 12468P104   682,152 18,725 SH   SOLE   18,725 0 0
CAMECO CORP COM 13321L108   231,842 7,400 SH   SOLE   7,400 0 0
CARNIVAL CORP COMMON STOCK 143658300   320,110 17,000 SH   SOLE   17,000 0 0
CHEVRON CORP NEW COM 166764100   2,130,834 13,542 SH   SOLE   13,542 0 0
CINEMARK HLDGS INC COM 17243V102   1,353,000 82,000 SH   SOLE   82,000 0 0
COCA COLA CO COM 191216100   457,672 7,600 SH   SOLE   7,600 0 0
CONOCOPHILLIPS COM 20825C104   259,025 2,500 SH   SOLE   2,500 0 0
CORTEVA INC COM 22052L104   565,265 9,865 SH   SOLE   9,865 0 0
CRISPR THERAPEUTICS AG NAMEN AKT H17182108   1,063,853 18,950 SH   SOLE   18,950 0 0
DELTA AIR LINES INC DEL COM NEW 247361702   627,528 13,200 SH   SOLE   13,200 0 0
DEVON ENERGY CORP NEW COM 25179M103   290,040 6,000 SH   SOLE   6,000 0 0
DISNEY WALT CO COM 254687106   505,325 5,660 SH   SOLE   5,660 0 0
DOW INC COM 260557103   820,204 15,400 SH   SOLE   15,400 0 0
DUPONT DE NEMOURS INC COM 26614N102   1,691,557 23,678 SH   SOLE   23,678 0 0
DUTCH BROS INC CL A 26701L100   256,050 9,000 SH   SOLE   9,000 0 0
EBAY INC. COM 278642103   402,210 9,000 SH   SOLE   9,000 0 0
EDWARDS LIFESCIENCES CORP COM 28176E108   367,887 3,900 SH   SOLE   3,900 0 0
EL POLLO LOCO HLDGS INC COM 268603107   285,025 32,500 SH   SOLE   32,500 0 0
ELANCO ANIMAL HEALTH INC COM 28414H103   865,160 88,500 SH   SOLE   88,500 0 0
ERICSSON ADR B SEK 10 294821608   106,275 19,500 SH   SOLE   19,500 0 0
FEDEX CORP COM 31428X106   2,045,175 8,250 SH   SOLE   8,250 0 0
FORD MTR CO DEL COM 345370860   1,046,996 69,200 SH   SOLE   69,200 0 0
FRANCO NEV CORP COM 351858105   213,900 1,500 SH   SOLE   1,500 0 0
GAMING & LEISURE PPTYS INC COM 36467J108   4,882,830 100,760 SH   SOLE   100,760 0 0
GE HEALTHCARE TECHNOLOGIES I COMMON STOCK 36266G107   1,343,629 16,539 SH   SOLE   16,539 0 0
GENERAL ELECTRIC CO COM NEW 369604301   5,418,353 49,325 SH   SOLE   49,325 0 0
GENERAL MTRS CO COM 37045V100   285,344 7,400 SH   SOLE   7,400 0 0
GLACIER BANCORP INC NEW COM 37637Q105   9,597,960 307,923 SH   SOLE   307,923 0 0
GOODYEAR TIRE & RUBR CO COM 382550101   731,880 53,500 SH   SOLE   53,500 0 0
HONDA MOTOR LTD AMERN SHS 438128308   469,805 15,500 SH   SOLE   15,500 0 0
HOWMET AEROSPACE INC COM 443201108   1,459,542 29,450 SH   SOLE   29,450 0 0
IMAX CORP COM 45245E109   888,577 52,300 SH   SOLE   52,300 0 0
INTEL CORP COM 458140100   1,936,176 57,900 SH   SOLE   57,900 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101   1,498,672 11,200 SH   SOLE   11,200 0 0
INTERNATIONAL FLAVORS&FRAGRA COM 459506101   298,463 3,750 SH   SOLE   3,750 0 0
INVESCO EXCHANGE TRADED FD T S&P500 EQL WGT 46137V357   523,740 3,500 SH   SOLE   3,500 0 0
ISHARES SILVER TR ISHARES 46428Q109   261,125 12,500 SH   SOLE   12,500 0 0
ISHARES TR EUROPE ETF 464287861   328,510 6,500 SH   SOLE   6,500 0 0
ISHARES TR MSCI EURO FL ETF 464289180   728,840 38,000 SH   SOLE   38,000 0 0
ISHARES TR CHINA LG-CAP ETF 464287184   201,206 7,400 SH   SOLE   7,400 0 0
JPMORGAN CHASE & CO COM 46625H100   625,392 4,300 SH   SOLE   4,300 0 0
KINDER MORGAN INC DEL COM 49456B101   215,250 12,500 SH   SOLE   12,500 0 0
KRANESHARES TR CSI CHI INTERNET 500767306   370,288 13,750 SH   SOLE   13,750 0 0
KYNDRYL HLDGS INC COMMON STOCK 50155Q100   185,920 14,000 SH   SOLE   14,000 0 0
LINDBLAD EXPEDITIONS HLDGS I COM 535219109   856,256 78,700 SH   SOLE   78,700 0 0
LOEWS CORP COM 540424108   1,246,980 21,000 SH   SOLE   21,000 0 0
LYFT INC CL A COM 55087P104   1,177,173 119,550 SH   SOLE   119,550 0 0
MAG SILVER CORP COM 55903Q104   685,110 61,500 SH   SOLE   61,500 0 0
MCDONALDS CORP COM 580135101   298,410 1,000 SH   SOLE   1,000 0 0
MEDTRONIC PLC SHS G5960L103   382,354 4,340 SH   SOLE   4,340 0 0
MERCK & CO INC COM 58933Y105   2,082,790 18,050 SH   SOLE   18,050 0 0
MGM RESORTS INTERNATIONAL COM 552953101   944,280 21,500 SH   SOLE   21,500 0 0
NEW GOLD INC CDA COM 644535106   466,992 432,400 SH   SOLE   432,400 0 0
NEW YORK CMNTY BANCORP INC COM 649445103   224,800 20,000 SH   SOLE   20,000 0 0
NEWMONT CORP COM 651639106   688,959 16,150 SH   SOLE   16,150 0 0
NUTANIX INC CL A 67059N108   1,183,710 42,200 SH   SOLE   42,200 0 0
ORGANON & CO COMMON STOCK 68622V106   421,403 20,250 SH   SOLE   20,250 0 0
OWENS CORNING NEW COM 690742101   404,550 3,100 SH   SOLE   3,100 0 0
PARAMOUNT GLOBAL CLASS B COM 92556H206   490,028 30,800 SH   SOLE   30,800 0 0
PENN ENTERTAINMENT INC COM 707569109   4,708,679 195,950 SH   SOLE   195,950 0 0
PROSHARES TR SHORT QQQ NEW 74347B714   2,209,130 208,000 SH   SOLE   208,000 0 0
PROSHARES TR SHRT 20+YR TRE 74347X849   379,575 17,500 SH   SOLE   17,500 0 0
SCHLUMBERGER LTD COM STK 806857108   2,112,160 43,000 SH   SOLE   43,000 0 0
SCHWAB CHARLES CORP COM 808513105   1,020,240 18,000 SH   SOLE   18,000 0 0
SHAKE SHACK INC CL A 819047101   1,857,508 23,900 SH   SOLE   23,900 0 0
SHELL PLC SPON ADS 780259305   4,501,343 74,550 SH   SOLE   74,550 0 0
SKECHERS U S A INC CL A 830566105   279,098 5,300 SH   SOLE   5,300 0 0
SOCIEDAD QUIMICA Y MINERA DE SPON ADR SER B 833635105   1,495,972 20,600 SH   SOLE   20,600 0 0
SOUTHWEST AIRLS CO COM 844741108   1,593,240 44,000 SH   SOLE   44,000 0 0
SPDR INDEX SHS FDS EURO STOXX 50 78463X202   229,900 5,000 SH   SOLE   5,000 0 0
SPROTT PHYSICAL GOLD TR UNIT 85207H104   1,477,080 99,000 SH   SOLE   99,000 0 0
SPROTT PHYSICAL SILVER TR TR UNIT 85207K107   475,190 61,000 SH   SOLE   61,000 0 0
TARGET CORP COM 87612E106   306,668 2,325 SH   SOLE   2,325 0 0
TRIPADVISOR INC COM 896945201   329,800 20,000 SH   SOLE   20,000 0 0
UBER TECHNOLOGIES INC COM 90353T100   2,098,062 48,600 SH   SOLE   48,600 0 0
UNILEVER PLC SPON ADR NEW 904767704   1,636,882 31,400 SH   SOLE   31,400 0 0
UNITED PARCEL SERVICE INC CL B 911312106   2,007,600 11,200 SH   SOLE   11,200 0 0
V F CORP COM 918204108   649,061 34,000 SH   SOLE   34,000 0 0
VANECK ETF TRUST GOLD MINERS ETF 92189F106   1,348,928 44,800 SH   SOLE   44,800 0 0
VANGUARD INTL EQUITY INDEX F FTSE EUROPE ETF 922042874   2,122,480 34,400 SH   SOLE   34,400 0 0
VANGUARD INTL EQUITY INDEX F ALLWRLD EX US 922042775   250,286 4,600 SH   SOLE   4,600 0 0
VERIZON COMMUNICATIONS INC COM 92343V104   2,227,681 59,900 SH   SOLE   59,900 0 0
VIATRIS INC COM 92556V106   673,650 67,500 SH   SOLE   67,500 0 0
WABTEC COM 929740108   285,143 2,600 SH   SOLE   2,600 0 0
WARNER BROS DISCOVERY INC COM SER A 934423104   508,033 40,513 SH   SOLE   40,513 0 0
WELLS FARGO CO NEW COM 949746101   1,711,468 40,100 SH   SOLE   40,100 0 0
WESTROCK CO COM 96145D105   561,051 19,300 SH   SOLE   19,300 0 0
WILLIAMS COS INC COM 969457100   796,172 24,400 SH   SOLE   24,400 0 0
WISDOMTREE TR EUROPE SMCP DV 97717W869   586,338 10,500 SH   SOLE   10,500 0 0
WYNN RESORTS LTD COM 983134107   2,356,688 22,315 SH   SOLE   22,315 0 0