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
A T & T INC NEW COM 001957505 1,033 26,375 SH   SOLE   0 0 26,375
ABBOTT LABORATORIES COM 002824100 300 5,625 SH   SOLE   0 0 5,625
ABBVIE INC COM 00287y109 840 9,458 SH   SOLE   0 0 9,458
AEGON N V F SPONSORED ADR COM 007924103 1,057 182,545 SH   SOLE   0 0 182,545
ALASKA AIR GROUP INC COM 011659109 3,767 49,385 SH   SOLE   0 0 49,385
ALPS ALERIAN MLP ETF COM 00162q866 308 27,456 SH   SOLE   0 0 27,456
APPLE INC COM 037833100 1,940 12,590 SH   SOLE   0 0 12,590
ARES CAPITAL CORP COM 04010l103 199 12,150 SH   SOLE   0 0 12,150
BANK OF MONTREAL F COM 063671101 1,984 26,201 SH   SOLE   0 0 26,201
BANK OF NOVA SCOTIA F COM 064149107 2,058 32,025 SH   SOLE   0 0 32,025
BERKSHIRE HATHAWAY CLASS B COM 084670702 3,635 19,826 SH   SOLE   0 0 19,826
BERKSHIRE HATHAWAY INCDEL CL A COM 084670108 824 3 SH   SOLE   0 0 3
BRISTOL-MYERS SQUIBB COM 110122108 1,584 24,850 SH   SOLE   0 0 24,850
CALLON PETROLEUM CO COM 13123x102 914 81,300 SH   SOLE   0 0 81,300
CBS CORP EXCHANGE OFFER EXP: 1 COM 124857202 570 9,825 SH   SOLE   0 0 9,825
CELGENE CORP COM 151020104 321 2,200 SH   SOLE   0 0 2,200
CENTRAL FUND CDA CF COM 153501101 159 12,550 SH   SOLE   0 0 12,550
CHEVRON CORPORATION COM 166764100 2,798 23,814 SH   SOLE   0 0 23,814
CIGNA CORP COM 125509109 2,511 13,430 SH   SOLE   0 0 13,430
CINCINNATI FINANCIAL COM 172062101 1,312 17,133 SH   SOLE   0 0 17,133
COCA COLA COMPANY COM 191216100 872 19,372 SH   SOLE   0 0 19,372
CONTROLADORA VUELA F SPONSORED COM 21240e105 1,596 134,450 SH   SOLE   0 0 134,450
COPA HOLDINGS SA CL A COM p31076105 641 5,150 SH   SOLE   0 0 5,150
COVANTA HOLDING CORP COM 22282e102 676 45,500 SH   SOLE   0 0 45,500
CSX CORP COM 126408103 485 8,947 SH   SOLE   0 0 8,947
CVS HEALTH CORP COM 126650100 757 9,305 SH   SOLE   0 0 9,305
DELTA AIR LINES INC COM 247361702 793 16,455 SH   SOLE   0 0 16,455
DIAMONDBACK ENERGY INCCOM USD0 COM 25278x109 353 3,600 SH   SOLE   0 0 3,600
DOWDUPONT INC COM 26078j100 331 4,776 SH   SOLE   0 0 4,776
ELI LILLY & COMPANY COM 532457108 294 3,433 SH   SOLE   0 0 3,433
EXXON MOBIL CORP COM 30231g102 2,714 33,109 SH   SOLE   0 0 33,109
GENERAL ELECTRIC CO COM 369604103 591 24,425 SH   SOLE   0 0 24,425
GRANA Y MONTERO SA F SPONSORED COM 38500p208 204 42,500 SH   SOLE   0 0 42,500
HOME DEPOT INC COM 437076102 516 3,155 SH   SOLE   0 0 3,155
HONEYWELL INTL INC COM 438516106 886 6,248 SH   SOLE   0 0 6,248
INTL BUSINESS MACH COM 459200101 272 1,877 SH   SOLE   0 0 1,877
ISHARES TR NASDAQ BIOTECH COM 464287556 640 1,920 SH   SOLE   0 0 1,920
ISHARES U.S. PREFERRED STOCK E COM 464288687 463 11,930 SH   SOLE   0 0 11,930
JOHNSON & JOHNSON COM 478160104 2,450 18,842 SH   SOLE   0 0 18,842
JPMORGAN CHASE & CO COM 46625h100 388 4,060 SH   SOLE   0 0 4,060
KIMBERLY-CLARK CORP COM 494368103 435 3,700 SH   SOLE   0 0 3,700
MARATHON PETROLEUM CORPCOM USD COM 56585a102 490 8,743 SH   SOLE   0 0 8,743
MERCK & CO INC NEW COM COM 58933y105 321 5,008 SH   SOLE   0 0 5,008
MICROSOFT CORP COM 594918104 269 3,617 SH   SOLE   0 0 3,617
MUENCHENER RUECKVER F SPONSORE COM 626188106 233 10,900 SH   SOLE   0 0 10,900
NUVEEN MARYLAND QLTY MNC COM 67061q107 369 28,767 SH   SOLE   0 0 28,767
PEPSICO INCORPORATED COM 713448108 998 8,956 SH   SOLE   0 0 8,956
PFIZER INCORPORATED COM 717081103 350 9,806 SH   SOLE   0 0 9,806
PHILLIPS 66 COM 718546104 3,169 34,595 SH   SOLE   0 0 34,595
PNC FINL SVCS GROUP COM 693475105 334 2,478 SH   SOLE   0 0 2,478
PROCTER & GAMBLE COM 742718109 493 5,424 SH   SOLE   0 0 5,424
PROLOGIS INC. REIT COM 74340w103 1,023 16,115 SH   SOLE   0 0 16,115
PROSHARES SHORT DOW 30 ETF COM 74347r701 851 51,425 SH   SOLE   0 0 51,425
PROSHARES SHORT S&P 500 ETF NE COM 74347b425 1,194 37,120 SH   SOLE   0 0 37,120
SCHLUMBERGER LTD F COM 806857108 746 10,697 SH   SOLE   0 0 10,697
SPDR GOLD SHARES ETF COM 78463v107 3,614 29,727 SH   SOLE   0 0 29,727
STARBUCKS CORP COM 855244109 1,459 27,168 SH   SOLE   0 0 27,168
STORE CAPITAL CORP REIT COM 862121100 296 11,900 SH   SOLE   0 0 11,900
T ROWE PRICE GROUP COM 74144t108 3,103 34,233 SH   SOLE   0 0 34,233
THERMO FISHER SCIENTIFICINC COM 883556102 227 1,200 SH   SOLE   0 0 1,200
TIFFANY & CO COM 886547108 724 7,883 SH   SOLE   0 0 7,883
TIME WARNER INC COM 887317303 256 2,500 SH   SOLE   0 0 2,500
U S BANCORP COM 902973304 1,775 33,126 SH   SOLE   0 0 33,126
VANECK VECTORS GOLD MINERS ETF COM 92189f106 449 19,570 SH   SOLE   0 0 19,570
VERIZON COMMUNICATN COM 92343v104 996 20,133 SH   SOLE   0 0 20,133
AEGON N V 6.5 PFD PFD PFD 007924400 284 10,801 SH   SOLE   0 0 10,801
AMERICAN INTL GRO 21 WTS WARRA WT 026874156 1,416 70,800 SH   SOLE   0 0 70,800
HARTFORD FINL SVC 19 WTS WARRA WT 416515120 1,054 21,050 SH   SOLE   0 0 21,050