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
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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
BAKER HUGHES INC COM COM 057224107 2,132 38,590 SH   SOLE   12,840 0 25,750
CHEVRON CORP NEW COM COM 166764100 1,657 13,265 SH   SOLE   4,250 0 9,015
COCA-COLA COMPANY COM 191216100 2,056 49,773 SH   SOLE   17,101 0 32,672
CUMMINS INC COM 231021106 2,899 20,566 SH   SOLE   6,892 0 13,674
DU PONT E I DE NEMOURS & CO CO COM 263534109 2,945 45,335 SH   SOLE   15,150 0 30,185
EXXON MOBIL CORP COM COM 30231G102 2,381 23,531 SH   SOLE   5,896 0 17,635
FREEPORT-MCMORAN COPPER & GOLD COM 35671D857 2,595 68,748 SH   SOLE   22,044 0 46,704
INTERNATIONAL BUSINESS MACHS C COM 459200101 2,910 15,515 SH   SOLE   4,555 0 10,960
MERCK & CO INC NEW COM COM 58933Y105 2,736 54,675 SH   SOLE   18,635 0 36,040
MURPHY OIL CORP COM 626717102 1,960 30,205 SH   SOLE   10,185 0 20,020
MURPHY USA INC COM COM 626755102 312 7,501 SH   SOLE   2,463 0 5,038
NEWMONT MNG CORP COM COM 651639106 1,329 57,717 SH   SOLE   4,864 0 52,853
ORACLE CORP COM COM 68389X105 3,458 90,390 SH   SOLE   30,460 0 59,930
PEPSICO INCORPORATED COM 713448108 1,992 24,020 SH   SOLE   8,045 0 15,975
PHILIP MORRIS INTL INC COM COM 718172109 2,510 28,810 SH   SOLE   9,420 0 19,390
QUALCOMM INC COM 747525103 3,289 44,302 SH   SOLE   15,135 0 29,167
RLI CORP COM 749607107 2,610 26,801 SH   SOLE   9,036 0 17,765
AGNICO EAGLE MINES LTD COM ADR 008474108 2,199 83,355 SH   SOLE   27,425 0 55,930
BARRICK GOLD CORP COM ISIN#CA0 ADR 067901108 1,695 96,170 SH   SOLE   7,830 0 88,340
BHP BILLITON LTD SPONSORED ADR ADR 088606108 2,456 36,010 SH   SOLE   11,800 0 24,210
CANADIAN NATL RY CO COM ISIN#C ADR 136375102 1,336 23,428 SH   SOLE   7,588 0 15,840
GLAXOSMITHKLINE PLC SPONS ADR ADR 37733W105 910 17,040 SH   SOLE   5,905 0 11,135
GOLDCORP INC NEW COM ISIN#CA38 ADR 380956409 2,134 98,500 SH   SOLE   32,300 0 66,200
POTASH CORP OF SASKATCHEWAN IN ADR 73755L107 1,051 31,886 SH   SOLE   2,635 0 29,251
RIO TINTO PLC SPONSORED ADR IS ADR 767204100 2,679 47,477 SH   SOLE   15,293 0 32,184
ROYAL DUTCH SHELL PLC SPONSORE ADR 780259206 950 13,323 SH   SOLE   4,647 0 8,676
SUNCOR ENERGY INC NEW COM ISIN ADR 867224107 1,169 33,355 SH   SOLE   11,270 0 22,085
WILLIS GROUP HLDGS PUBLIC LTD ADR G96666105 873 19,480 SH   SOLE   7,030 0 12,450
YAMANA GOLD INC COM ISIN#CA984 ADR 98462Y100 2,157 250,265 SH   SOLE   83,100 0 167,165
EL PASO PIPELINE PARTNERS L P LTD 283702108 1,522 42,278 SH   SOLE   3,543 0 38,735
TEEKAY LNG PARTNERS L P PARTNE LTD Y8564M105 846 19,805 SH   SOLE   7,005 0 12,800
TERRA NITROGEN COMPANY L.P. DE LTD 881005201 1,229 8,710 SH   SOLE   680 0 8,030
ISHARES TR MTG REAL ESTATE CAP ETF 464288539 2,991 259,635 SH   SOLE   19,970 0 239,665
ISHARES TR RUSSELL 2000 ETF ETF 464287655 261 2,265 SH   SOLE   560 0 1,705
MARKET VECTORS ETF TR GOLD MIN ETF 57060U100 395 18,715 SH   SOLE   1,215 0 17,500
SPDR DOW JONES INDL AVERAGE ET ETF 78467X109 1,016 6,140 SH   SOLE   443 0 5,697
ISHARES TR IBOXX USD INVT GRAD ETF 464287242 1,643 14,390 SH   SOLE   15 0 14,375
ISHARES TR S&P U S PFD STK IND ETF 464288687 449 12,180 SH   SOLE   0 0 12,180
FIFTH ST FIN CORP COM OTH 31678A103 2,641 285,515 SH   SOLE   89,355 0 196,160