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
AMERICAN INTL GROUP INC COM NEW 026874784 991 25,540 SH   SOLE 25,540 0 0
AMERICAN RLTY CAP PPTYS INC COM 02917t104 2,434 165,920 SH   SOLE 165,920 0 0
AMPIO PHARMACEUTICALS INC COM 03209t109 96 21,100 SH   SOLE 21,100 0 0
ANNALY CAP MGMT INC COM 035710409 1,147 72,200 SH   SOLE 72,200 0 0
APPLE INC COM 037833100 1,687 3,812 SH   SOLE 3,812 0 0
BANK OF AMERICA CORPORATION COM 060505104 1,329 109,140 SH   SOLE 109,140 0 0
BELLATRIX EXPLORATION LTD COM 078314101 322 50,000 SH   SOLE 50,000 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 4,664 113,230 SH   SOLE 113,230 0 0
CALAMOS STRATEGIC TOTL RETN COM SH BEN INT 128125101 1,722 162,310 SH   SOLE 162,310 0 0
COMCAST CORP NEW CL A 20030n101 622 14,820 SH   SOLE 14,820 0 0
DOLLAR GEN CORP NEW COM 256677105 619 12,240 SH   SOLE 12,240 0 0
EBAY INC COM 278642103 766 14,120 SH   SOLE 14,120 0 0
ETFS GOLD TR SHS 26922y105 11,311 71,832 SH   SOLE 71,832 0 0
GILEAD SCIENCES INC COM 375558103 1,224 25,000 SH   SOLE 25,000 0 0
HERTZ GLOBAL HOLDINGS INC COM 42805t105 3,905 175,430 SH   SOLE 175,430 0 0
HOLLY ENERGY PARTNERS L P COM UT LTD PTN 435763107 1,394 34,760 SH   SOLE 34,760 0 0
HOME DEPOT INC COM 437076102 4,866 69,730 SH   SOLE 69,730 0 0
HSBC HLDGS PLC SPON ADR NEW 404280406 1,772 33,220 SH   SOLE 33,220 0 0
ING ASIA PAC HGH DIVID EQ IN COM 44983j107 523 32,900 SH   SOLE 32,900 0 0
ISHARES INC MSCI THAI CAPPED 464286624 893 9,800 SH   SOLE 9,800 0 0
ISHARES INC MSCI MEXICO CAP 464286822 3,192 42,790 SH   SOLE 42,790 0 0
ISHARES TR DJ SEL DIV INX 464287168 5,804 91,550 SH   SOLE 91,550 0 0
KB HOME COM 48666k109 5,348 245,642 SH   SOLE 245,642 0 0
KCAP FINL INC COM 48668e101 1,516 140,740 SH   SOLE 140,740 0 0
KKR FINL HLDGS LLC COM 48248a306 1,514 136,770 SH   SOLE 136,770 0 0
LOWES COS INC COM 548661107 3,090 81,480 SH   SOLE 81,480 0 0
MERITAGE HOMES CORP COM 59001a102 1,866 39,820 SH   SOLE 39,820 0 0
NORTHSTAR RLTY FIN CORP COM 66704r100 2,698 284,580 SH   SOLE 284,580 0 0
PEMBINA PIPELINE CORP COM 706327103 2,206 69,820 SH   SOLE 69,820 0 0
PENNANTPARK INVT CORP COM 708062104 1,163 102,945 SH   SOLE 102,945 0 0
PROSPECT CAPITAL CORPORATION COM 74348t102 1,892 173,460 SH   SOLE 173,460 0 0
RADIAN GROUP INC COM 750236101 838 78,200 SH   SOLE 78,200 0 0
ROSS STORES INC COM 778296103 634 10,455 SH   SOLE 10,455 0 0
SELECT SECTOR SPDR TR SBI INT-FINL 81369y605 1,177 64,660 SH   SOLE 64,660 0 0
SILVER WHEATON CORP COM 828336107 371 11,850 SH   SOLE 11,850 0 0
SPDR DOW JONES INDL AVRG ETF UT SER 1 78467X109 21,371 147,060 SH   SOLE 147,060 0 0
SPDR GOLD TRUST GOLD SHS 78463v107 876 5,670 SH   SOLE 5,670 0 0
SPDR SERIES TRUST S&P REGL BKG 78464A698 2,501 78,660 SH   SOLE 78,660 0 0
SPROTT PHYSICAL GOLD TRUST UNIT 85207h104 1,408 104,030 SH   SOLE 104,030 0 0
U S AIRWAYS GROUP INC COM 90341W108 2,210 130,250 SH   SOLE 130,250 0 0
UNITED RENTALS INC COM 911363109 1,375 25,022 SH   SOLE 25,022 0 0
UNITED STATES NATL GAS FUND UNIT PAR $0.001 912318201 1,313 60,000 SH   SOLE 60,000 0 0
VALERO ENERGY CORP NEW COM 91913y100 1,820 40,000 SH   SOLE 40,000 0 0
VANGUARD SPECIALIZED PORTFOL DIV APP ETF 921908844 4,914 74,790 SH   SOLE 74,790 0 0
WISDOMTREE TR EM LCL DEBT FD 97717x867 3,922 74,660 SH   SOLE 74,660 0 0
WISDOMTREE TRUST EMERG MKTS ETF 97717w315 5,438 98,765 SH   SOLE 98,765 0 0