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
SPROTT PHYSICAL GOLD TRUST A-Share 85207H104 79,075,457 7,201,772 PRN   SOLE   0 0 7,201,772
CENTRAL FD CDA LTD A-Share 153501101 92,598,353 6,661,752 PRN   SOLE   0 0 6,661,752
AMERICAN EXPRESS 5.200 5/29/49 A-Share 025816BJ7 484,250 500,000 PRN   SOLE   0 0 500,000
BANK OF NEW YORK 4.950 12/29/49 A-Share 064058AD2 501,875 500,000 PRN   SOLE   0 0 500,000
JPMORGAN CHASE & 7.900 4/29/49 A-Share 46625HHA1 510,000 500,000 PRN   SOLE   0 0 500,000
National Rural U 5.250 4/20/46 A-Share 637432NK7 511,875 500,000 PRN   SOLE   0 0 500,000
STATE STREET COR 5.250 12/29/49 A-Share 857477AQ6 513,750 500,000 PRN   SOLE   0 0 500,000
WELLS FARGO & CO 7.980 3/29/49 A-Share 949746PM7 523,125 500,000 PRN   SOLE   0 0 500,000
BNSF FUNDING TRU 6.613 12/15+55 A-Share 05567SAA0 466,875 415,000 PRN   SOLE   0 0 415,000
JPMORGAN CHASE & 5.150 5/01/23 A-Share 48124BAC9 194,520 200,000 PRN   SOLE   0 0 200,000
WACHOVIA CAPITAL 5.800 3/29/49 A-Share 92978AAA0 98,754 100,000 PRN   SOLE   0 0 100,000
MCEWEN MIN A-Share 58039P107 226,484 58,827 PRN   SOLE   0 0 58,827
LEXAM VG GOLD INC A-Share 52886U103 11,286 57,000 PRN   SOLE   0 0 57,000
SOUTHERN COMPANY A-Share 842587206 680,272 24,400 PRN   SOLE   0 0 24,400
PUBLIC STORAGE A-Share 74460W800 625,920 24,000 PRN   SOLE   0 0 24,000
THE CHARLES SCHWAB CORPORATION A-Share 808513402 613,800 22,500 PRN   SOLE   0 0 22,500
SCE TRUST V A-Share 78409W201 542,450 19,000 PRN   SOLE   0 0 19,000
U.S. BANCORP A-Share 902973833 523,600 17,000 PRN   SOLE   0 0 17,000
WELLS FARGO & COMPANY A-Share 94988U714 437,415 16,500 PRN   SOLE   0 0 16,500
NAVIOS MARITIME PARTNERS L P A-Share 41902R103 14,190 11,000 PRN   SOLE   0 0 11,000
ANNALY CAP MGMT INC A-Share 035710409 110,700 10,000 PRN   SOLE   0 0 10,000
WELLS FARGO & COMPANY A-Share 949746556 275,900 10,000 PRN   SOLE   0 0 10,000
ISHARES TR RUSSELL 1000 A-Share 464287622 1,103,675 9,442 PRN   SOLE   0 0 9,442
GENERAL ELECTRIC CO A-Share 369604103 291,033 9,245 PRN   SOLE   0 0 9,245
OASIS PETE INC NEW A-Share 674215108 74,720 8,000 PRN   SOLE   0 0 8,000
GOLDCORP INC NEW A-Share 380956409 131,997 6,900 PRN   SOLE   0 0 6,900
FREEPORT-MCMORAN, INC. A-Share 35671D857 66,840 6,000 PRN   SOLE   0 0 6,000
HATTERAS FINANCIAL CORP. A-Share 41902R400 124,200 5,000 PRN   SOLE   0 0 5,000
NEWMONT MINING CORP A-Share 651639106 195,600 5,000 PRN   SOLE   0 0 5,000
COCA COLA CO A-Share 191216100 137,033 3,023 PRN   SOLE   0 0 3,023
SPROTT PHYSICAL SILVER TR A-Share 85207K107 21,750 3,000 PRN   SOLE   0 0 3,000
AMERICAN ELEC PWR INC A-Share 025537101 189,243 2,700 PRN   SOLE   0 0 2,700
VANECK VECTORS ETF TR A-Share 92189F791 112,762 2,647 PRN   SOLE   0 0 2,647
CONOCOPHILLIPS A-Share 20825C104 113,360 2,600 PRN   SOLE   0 0 2,600
SPDR GOLD TRUST A-Share 78463V107 303,528 2,400 PRN   SOLE   0 0 2,400
BRISTOL MYERS SQUIBB CO A-Share 110122108 169,827 2,309 PRN   SOLE   0 0 2,309
SOUTHWEST AIRLS CO A-Share 844741108 80,733 2,059 PRN   SOLE   0 0 2,059
AT&T INC A-Share 00206R102 86,420 2,000 PRN   SOLE   0 0 2,000
AEGON N.V. A-Share 007924608 55,620 2,000 PRN   SOLE   0 0 2,000
ANNALY CAP MGMT INC A-Share 035710805 51,480 2,000 PRN   SOLE   0 0 2,000
CAPITAL ONE FINANCIAL CORPORATIO A-Share 14040H709 56,600 2,000 PRN   SOLE   0 0 2,000
CARLYLE GROUP L P A-Share 14309L102 32,460 2,000 PRN   SOLE   0 0 2,000
GENERAL ELEC CAP CORP A-Share 369622428 53,640 2,000 PRN   SOLE   0 0 2,000
PNC FINANCIAL SERVICES GROUP INC A-Share 693475857 60,580 2,000 PRN   SOLE   0 0 2,000
QWEST CORPORATION A-Share 74913G105 52,340 2,000 PRN   SOLE   0 0 2,000
SILVER WHEATON CORP A-Share 828336107 47,060 2,000 PRN   SOLE   0 0 2,000
VIRNETX HLDG CORP A-Share 92823T108 8,000 2,000 PRN   SOLE   0 0 2,000
WINTRUST FINL CORP A-Share 97650W405 56,880 2,000 PRN   SOLE   0 0 2,000
APPLE INC A-Share 037833100 184,986 1,935 PRN   SOLE   0 0 1,935
VIRGIN AMER INC A-Share 92765X208 101,178 1,800 PRN   SOLE   0 0 1,800
VISA INC A-Share 92826C839 133,506 1,800 PRN   SOLE   0 0 1,800
DELTA AIR LINES INC DEL A-Share 247361702 61,931 1,700 PRN   SOLE   0 0 1,700
JETBLUE AIRWAYS CORP A-Share 477143101 28,152 1,700 PRN   SOLE   0 0 1,700
COLUMBIA P A-Share 198280109 40,784 1,600 PRN   SOLE   0 0 1,600
KRAFT HEINZ CO /THE A-Share 500754106 141,568 1,600 PRN   SOLE   0 0 1,600
NISOURCE INC A-Share 65473P105 42,432 1,600 PRN   SOLE   0 0 1,600
PPG INDS INC A-Share 693506107 149,976 1,440 PRN   SOLE   0 0 1,440
TEXAS INSTRS INC A-Share 882508104 90,091 1,438 PRN   SOLE   0 0 1,438
ALTRIA GROUP INC A-Share 02209S103 89,648 1,300 PRN   SOLE   0 0 1,300
SANOFI A-Share 80105N105 52,313 1,250 PRN   SOLE   0 0 1,250
WGL HLDGS INC A-Share 92924F106 80,842 1,142 PRN   SOLE   0 0 1,142
ISHARES BC 3-7 TREASURY BOND A-Share 464288661 143,269 1,125 PRN   SOLE   0 0 1,125
LOWES COS INC A-Share 548661107 87,087 1,100 PRN   SOLE   0 0 1,100
AGNICO EAGLE MINES LTD A-Share 008474108 53,500 1,000 PRN   SOLE   0 0 1,000
APOLLO COMMERCIAL REAL ESTATE FI A-Share 03762U402 25,400 1,000 PRN   SOLE   0 0 1,000
PFIZER INC A-Share 717081103 35,210 1,000 PRN   SOLE   0 0 1,000
PROCTER & GAMBLE CO A-Share 742718109 84,670 1,000 PRN   SOLE   0 0 1,000
TJX COS INC NEW A-Share 872540109 77,230 1,000 PRN   SOLE   0 0 1,000
TPG SPECIALTY LENDING INC A-Share 87265K102 16,610 1,000 PRN   SOLE   0 0 1,000
AETNA INC NEW A-Share 00817Y108 120,420 986 PRN   SOLE   0 0 986
GILEAD SCIENCES INC A-Share 375558103 75,078 900 PRN   SOLE   0 0 900
LOCKHEED MARTIN CORP A-Share 539830109 223,353 900 PRN   SOLE   0 0 900
DUKE ENERGY CORP NEW A-Share 26441C204 74,637 870 PRN   SOLE   0 0 870
CBS CORP NEW A-Share 124857202 43,552 800 PRN   SOLE   0 0 800
DEVON ENERGY CORP NEW A-Share 25179M103 29,000 800 PRN   SOLE   0 0 800
PEPSICO INC A-Share 713448108 84,752 800 PRN   SOLE   0 0 800
WELLS FARGO & CO NEW A-Share 949746101 37,864 800 PRN   SOLE   0 0 800
RANDGOLD RES LTD A-Share 752344309 84,030 750 PRN   SOLE   0 0 750
UNITED CONTINENTAL HLDGS A-Share 910047109 30,780 750 PRN   SOLE   0 0 750
AMGEN INC A-Share 031162100 107,266 705 PRN   SOLE   0 0 705
UNITED TECHNOLOGIES CORP A-Share 913017109 70,554 688 PRN   SOLE   0 0 688
GENERAL MTRS CORP A-Share 37045V100 19,103 675 PRN   SOLE   0 0 675
KIMBERLY CLARK CORP A-Share 494368103 85,788 624 PRN   SOLE   0 0 624
CLOROX CO DEL A-Share 189054109 83,034 600 PRN   SOLE   0 0 600
COLGATE PALMOLIVE CO A-Share 194162103 43,920 600 PRN   SOLE   0 0 600
DIAGEO P L C A-Share 25243Q205 67,728 600 PRN   SOLE   0 0 600
AMERICAN EXPRESS CO A-Share 025816BJ7 34,937 575 PRN   SOLE   0 0 575
WASTE MGMT INC DEL A-Share 94106L109 36,449 550 PRN   SOLE   0 0 550
ROCKWELL AUTOMATION INC A-Share 773903109 61,084 532 PRN   SOLE   0 0 532
ALASKA AIR GROUP INC A-Share 011659109 29,145 500 PRN   SOLE   0 0 500
COMCAST CORP NEW A-Share 20030N101 32,595 500 PRN   SOLE   0 0 500
DTE ENERGY CO A-Share 233331107 49,560 500 PRN   SOLE   0 0 500
MICROSOFT CORP A-Share 594918104 25,585 500 PRN   SOLE   0 0 500
PAYCHEX INC A-Share 704326107 29,750 500 PRN   SOLE   0 0 500
SIEBERT FINL CORP A-Share 826176109 595 500 PRN   SOLE   0 0 500
AIR PRODS & CHEMS INC A-Share 009158106 56,816 400 PRN   SOLE   0 0 400
BOEING CO A-Share 097023105 51,948 400 PRN   SOLE   0 0 400
BORGWARNER INC A-Share 099724106 11,808 400 PRN   SOLE   0 0 400
VERIZON COMMUNICATIONS INC A-Share 92343V104 22,336 400 PRN   SOLE   0 0 400
HONEYWELL INTL INC A-Share 438516106 44,202 380 PRN   SOLE   0 0 380
ROCKWELL COLLINS INC A-Share 774341101 27,245 320 PRN   SOLE   0 0 320
INTERNATIONAL BUSINESS MACHS A-Share 459200101 45,534 300 PRN   SOLE   0 0 300
EATON CORP A-Share 278865100 16,366 274 PRN   SOLE   0 0 274
ECOLAB INC A-Share 278865100 29,650 250 PRN   SOLE   0 0 250
THERMO FISHER SCIENTIFIC INC A-Share 883556102 36,940 250 PRN   SOLE   0 0 250
L BRANDS, A-Share 501797104 14,769 220 PRN   SOLE   0 0 220
UNILEVER N V A-Share 904784709 9,388 200 PRN   SOLE   0 0 200
PHILIP MORRIS INTL INC A-Share 718172109 15,258 150 PRN   SOLE   0 0 150
STARBUCKS CORP A-Share 855244109 8,568 150 PRN   SOLE   0 0 150
MEDTRONIC PLC A-Share 464287226 12,408 143 PRN   SOLE   0 0 143
3M CO A-Share 88579Y101 21,890 125 PRN   SOLE   0 0 125
ISHARES TR A-Share 46429B747 12,182 120 PRN   SOLE   0 0 120
BIOGEN INC A-Share 09062X103 24,182 100 PRN   SOLE   0 0 100
REVLON INC A-Share 761525609 3,218 100 PRN   SOLE   0 0 100
UNITED PARCEL SERVICE INC A-Share 911312106 10,772 100 PRN   SOLE   0 0 100
GOOGLE INC CL C A-Share 02079K107 27,684 40 PRN   SOLE   0 0 40
ALPHABET INC CLASS A A-Share 02079K305 28,141 40 PRN   SOLE   0 0 40
ISHARES TR A-Share 464287226 1,689 15 PRN   SOLE   0 0 15