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 78,868,174 7,202,573 PRN   SOLE   0 0 7,202,573
CENTRAL FD CDA LTD A-Share 153501101 92,140,743 6,662,382 PRN   SOLE   0 0 6,662,382
DOMINION RESOURC 5.750 10/01+54 Preferred 25746UBY4 552,583 534,000 PRN   SOLE   0 0 534,000
AMERICAN EXPRESS 5.200 5/29/49 Preferred 025816BJ7 504,375 500,000 PRN   SOLE   0 0 500,000
NATIONAL RURAL U 5.250 4/20/46 Preferred 637432NK7 539,750 500,000 PRN   SOLE   0 0 500,000
STATE STREET COR 5.250 12/29/49 Preferred 857477AQ6 526,250 500,000 PRN   SOLE   0 0 500,000
JPMORGAN CHASE & 7.900 4/29/49 Preferred 46625HHA1 513,750 500,000 PRN   SOLE   0 0 500,000
BANK OF NEW YORK 4.950 12/29/49 Preferred 064058AD2 510,045 500,000 PRN   SOLE   0 0 500,000
WELLS FARGO & CO 7.980 3/29/49 Preferred 949746PM7 512,099 490,000 PRN   SOLE   0 0 490,000
BNSF FUNDING TRU 6.613 12/15+55 Preferred 05567SAA0 478,860 415,000 PRN   SOLE   0 0 415,000
JPMORGAN CHASE & 5.150 5/01/23 Preferred 48124BAC9 201,000 200,000 PRN   SOLE   0 0 200,000
MCEWEN MIN A-Share 58039P107 171,855 46,827 PRN   SOLE   0 0 46,827
PUBLIC STORAGE A-Share 74460W800 804,220 31,600 PRN   SOLE   0 0 31,600
SOUTHERN COMPANY A-Share 842587206 879,428 31,600 PRN   SOLE   0 0 31,600
THE CHARLES SCHWAB CORPORATION A-Share 808513402 817,641 29,700 PRN   SOLE   0 0 29,700
ENTERGY MISSISSIPPI, INC. A-Share 29364N108 637,500 25,500 PRN   SOLE   0 0 25,500
SCE TRUST V A-Share 78409W201 662,087 22,300 PRN   SOLE   0 0 22,300
U.S. BANCORP A-Share 902973833 608,424 20,200 PRN   SOLE   0 0 20,200
ISHARES TR MRTG PLS CAP IDX A-Share 464288539 132,479 12,605 PRN   SOLE   0 0 12,605
NAVIOS MARITIME PARTNERS L P A-Share 0Y6226710 15,290 11,000 PRN   SOLE   0 0 11,000
ANNALY CAP MGMT INC A-Share 035710409 105,000 10,000 PRN   SOLE   0 0 10,000
ISHARES TR RUSSELL 1000 A-Share 464287622 1,137,383 9,442 PRN   SOLE   0 0 9,442
GENERAL ELECTRIC CO A-Share 369604103 273,837 9,245 PRN   SOLE   0 0 9,245
OASIS PETE INC NEW A-Share 674215108 91,760 8,000 PRN   SOLE   0 0 8,000
DOMINION RESOURCES, INC. A-Share 25746U844 193,496 7,600 PRN   SOLE   0 0 7,600
VERIZON COMMUNICATIONS INC. A-Share 92343V302 201,168 7,200 PRN   SOLE   0 0 7,200
GOLDCORP INC NEW A-Share 380956409 111,973 6,778 PRN   SOLE   0 0 6,778
FREEPORT-MCMORAN, INC. A-Share 35671D857 65,160 6,000 PRN   SOLE   0 0 6,000
ANNALY CAP MGMT INC A-Share 035710888 126,550 5,000 PRN   SOLE   0 0 5,000
NEWMONT MINING CORP A-Share 651639106 163,996 4,174 PRN   SOLE   0 0 4,174
JPMORGAN CHASE & CO. A-Share 46637G124 101,422 3,800 PRN   SOLE   0 0 3,800
THE ALLSTATE CORPORATION A-Share 020002408 96,120 3,600 PRN   SOLE   0 0 3,600
COCA COLA CO A-Share 191216100 127,933 3,023 PRN   SOLE   0 0 3,023
AMERICAN ELEC PWR INC A-Share 025537101 173,367 2,700 PRN   SOLE   0 0 2,700
VANECK VECTORS ETF TR A-Share 92189F791 117,236 2,647 PRN   SOLE   0 0 2,647
ROYAL GOLD INC A-Share 780287108 202,944 2,621 PRN   SOLE   0 0 2,621
CONOCOPHILLIPS A-Share 20825C104 113,022 2,600 PRN   SOLE   0 0 2,600
BP PLC A-Share 055622104 87,900 2,500 PRN   SOLE   0 0 2,500
FRANCO NEVADA CORP A-Share 351858105 173,627 2,485 PRN   SOLE   0 0 2,485
BRISTOL MYERS SQUIBB CO A-Share 110122108 124,501 2,309 PRN   SOLE   0 0 2,309
SOUTHWEST AIRLS CO A-Share 844741108 80,075 2,059 PRN   SOLE   0 0 2,059
GENERAL ELEC CAP CORP A-Share 369622428 51,480 2,000 PRN   SOLE   0 0 2,000
PNC FINANCIAL SERVICES GROUP INC A-Share 693475857 58,340 2,000 PRN   SOLE   0 0 2,000
WINTRUST FINL CORP A-Share 97650W405 58,860 2,000 PRN   SOLE   0 0 2,000
CAPITAL ONE FINANCIAL CORPORATIO A-Share 14040H709 56,260 2,000 PRN   SOLE   0 0 2,000
AT&T INC A-Share 00206R102 81,220 2,000 PRN   SOLE   0 0 2,000
QWEST CORPORATION A-Share 74913G105 54,100 2,000 PRN   SOLE   0 0 2,000
CARLYLE GROUP L P A-Share 14309L102 31,140 2,000 PRN   SOLE   0 0 2,000
VIRNETX HLDG CORP A-Share 92823T108 6,120 2,000 PRN   SOLE   0 0 2,000
AEGON N.V. A-Share 007924608 53,400 2,000 PRN   SOLE   0 0 2,000
TEXAS INSTRS INC A-Share 882508104 136,009 1,938 PRN   SOLE   0 0 1,938
APPLE INC A-Share 037833100 207,447 1,835 PRN   SOLE   0 0 1,835
VISA INC A-Share 92826C839 148,860 1,800 PRN   SOLE   0 0 1,800
VIRGIN AMER INC A-Share 92765X208 96,318 1,800 PRN   SOLE   0 0 1,800
SILVER WHEATON CORP A-Share 828336107 48,411 1,791 PRN   SOLE   0 0 1,791
BLACKROCK CORPOR HI YLD FD INC A-Share 09255P107 19,357 1,789 PRN   SOLE   0 0 1,789
JETBLUE AIRWAYS CORP A-Share 477143101 29,308 1,700 PRN   SOLE   0 0 1,700
DELTA AIR LINES INC DEL A-Share 247361702 66,912 1,700 PRN   SOLE   0 0 1,700
NISOURCE INC A-Share 65473P105 38,576 1,600 PRN   SOLE   0 0 1,600
KRAFT HEINZ CO /THE A-Share 500754106 143,216 1,600 PRN   SOLE   0 0 1,600
PPG INDS INC A-Share 693506107 148,838 1,440 PRN   SOLE   0 0 1,440
ALTRIA GROUP INC A-Share 02209S103 82,199 1,300 PRN   SOLE   0 0 1,300
SANOFI A-Share 80105N105 47,738 1,250 PRN   SOLE   0 0 1,250
WGL HLDGS INC A-Share 92924F106 71,603 1,142 PRN   SOLE   0 0 1,142
ISHARES BC 3-7 TREASURY BOND A-Share 464288661 142,358 1,125 PRN   SOLE   0 0 1,125
LOWES COS INC A-Share 548661107 79,431 1,100 PRN   SOLE   0 0 1,100
MPLX LP A-Share 55336V100 36,907 1,090 PRN   SOLE   0 0 1,090
AGNICO EAGLE MINES LTD A-Share 008474108 56,456 1,042 PRN   SOLE   0 0 1,042
APOLLO COMMERCIAL REAL ESTATE FI A-Share 03762U402 25,750 1,000 PRN   SOLE   0 0 1,000
TJX COS INC NEW A-Share 872540109 74,780 1,000 PRN   SOLE   0 0 1,000
PROCTER & GAMBLE CO A-Share 742718109 89,750 1,000 PRN   SOLE   0 0 1,000
PFIZER INC A-Share 717081103 33,870 1,000 PRN   SOLE   0 0 1,000
TPG SPECIALTY LENDING INC A-Share 87265K102 18,110 1,000 PRN   SOLE   0 0 1,000
ALASKA AIR GROUP INC A-Share 011659109 65,860 1,000 PRN   SOLE   0 0 1,000
AETNA INC NEW A-Share 00817Y108 113,834 986 PRN   SOLE   0 0 986
LOCKHEED MARTIN CORP A-Share 539830109 215,748 900 PRN   SOLE   0 0 900
GILEAD SCIENCES INC A-Share 375558103 71,208 900 PRN   SOLE   0 0 900
DUKE ENERGY CORP NEW A-Share 26441C204 69,635 870 PRN   SOLE   0 0 870
DEVON ENERGY CORP NEW A-Share 25179M103 35,288 800 PRN   SOLE   0 0 800
PEPSICO INC A-Share 713448108 87,016 800 PRN   SOLE   0 0 800
RANDGOLD RES LTD A-Share 752344309 76,053 760 PRN   SOLE   0 0 760
UNITED CONTINENTAL HLDGS A-Share 910047109 39,352 750 PRN   SOLE   0 0 750
AMGEN INC A-Share 031162100 117,601 705 PRN   SOLE   0 0 705
UNITED TECHNOLOGIES CORP A-Share 913017109 69,901 688 PRN   SOLE   0 0 688
GENERAL MTRS CORP A-Share 37045V100 21,445 675 PRN   SOLE   0 0 675
KIMBERLY CLARK CORP A-Share 494368103 78,711 624 PRN   SOLE   0 0 624
COLGATE PALMOLIVE CO A-Share 194162103 44,484 600 PRN   SOLE   0 0 600
DIAGEO P L C A-Share 25243Q205 69,624 600 PRN   SOLE   0 0 600
CLOROX CO DEL A-Share 189054109 75,108 600 PRN   SOLE   0 0 600
AMERICAN EXPRESS CO A-Share 025816109 36,823 575 PRN   SOLE   0 0 575
WASTE MGMT INC DEL A-Share 94106L109 35,068 550 PRN   SOLE   0 0 550
ROCKWELL AUTOMATION INC A-Share 773903109 65,085 532 PRN   SOLE   0 0 532
COMCAST CORP NEW A-Share 20030N101 33,170 500 PRN   SOLE   0 0 500
DTE ENERGY CO A-Share 233331107 46,835 500 PRN   SOLE   0 0 500
SIEBERT FINL CORP A-Share 826176109 690 500 PRN   SOLE   0 0 500
MICROSOFT CORP A-Share 594918104 28,800 500 PRN   SOLE   0 0 500
PAYCHEX INC A-Share 704326107 28,935 500 PRN   SOLE   0 0 500
SPDR GOLD TRUST A-Share 78463V107 53,020 422 PRN   SOLE   0 0 422
VERIZON COMMUNICATIONS INC A-Share 92343V104 20,792 400 PRN   SOLE   0 0 400
BOEING CO A-Share 097023105 52,696 400 PRN   SOLE   0 0 400
BORGWARNER INC A-Share 099724106 14,072 400 PRN   SOLE   0 0 400
AIR PRODS & CHEMS INC A-Share 009158106 60,136 400 PRN   SOLE   0 0 400
HONEYWELL INTL INC A-Share 438516106 44,304 380 PRN   SOLE   0 0 380
ROCKWELL COLLINS INC A-Share 774341101 26,989 320 PRN   SOLE   0 0 320
INTERNATIONAL BUSINESS MACHS A-Share 459200101 47,655 300 PRN   SOLE   0 0 300
CINCINNATI FINL CORP A-Share 172062101 22,626 300 PRN   SOLE   0 0 300
EATON CORP A-Share 0G2918310 18,005 274 PRN   SOLE   0 0 274
THERMO FISHER SCIENTIFIC INC A-Share 883556102 39,765 250 PRN   SOLE   0 0 250
ECOLAB INC A-Share 278865100 30,430 250 PRN   SOLE   0 0 250
L BRANDS, A-Share 501797104 15,569 220 PRN   SOLE   0 0 220
UNILEVER N V A-Share 904784709 9,220 200 PRN   SOLE   0 0 200
EQUIFAX INC A-Share 294429105 26,916 200 PRN   SOLE   0 0 200
PHILIP MORRIS INTL INC A-Share 718172109 14,583 150 PRN   SOLE   0 0 150
STARBUCKS CORP A-Share 855244109 8,121 150 PRN   SOLE   0 0 150
MEDTRONIC PLC A-Share 0G5960L10 12,355 143 PRN   SOLE   0 0 143
3M CO A-Share 88579Y101 22,029 125 PRN   SOLE   0 0 125
ISHARES TR A-Share 46429B747 12,132 120 PRN   SOLE   0 0 120
BIOGEN INC A-Share 09062X103 31,303 100 PRN   SOLE   0 0 100
UNITED PARCEL SERVICE INC A-Share 911312106 10,936 100 PRN   SOLE   0 0 100
REVLON INC A-Share 761525609 3,678 100 PRN   SOLE   0 0 100
GOOGLE INC CL C A-Share 02079K107 31,092 40 PRN   SOLE   0 0 40
ALPHABET INC CLASS A A-Share 02079K305 32,162 40 PRN   SOLE   0 0 40
ISHARES TR A-Share 464287226 1,686 15 PRN   SOLE   0 0 15