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
Air Products & Chemicals Inc COM 009158106 2,386 26,055 SH   SOLE   0 0 26,055
Alliant Techsystems Inc COM 018804104 1,082 13,145 SH   SOLE   0 0 13,145
American Campus Communities In COM 024835100 835 20,525 SH   SOLE   0 0 20,525
Apartment Investment & Managem COM 03748R101 398 13,252 SH   SOLE   0 0 13,252
Apple Inc COM 037833100 793 2,000 SH   SOLE   0 0 2,000
Augme Technologies Inc COM 051057107 25 63,000 SH   SOLE   0 0 63,000
Boeing Co COM 097023105 1,954 19,070 SH   SOLE   0 0 19,070
Bre Properties Inc Cl A COM 05564E106 1,649 32,975 SH   SOLE   0 0 32,975
Briggs & Stratton Corp COM 109043109 1,165 58,825 SH   SOLE   0 0 58,825
Bristol Myers Squibb Co COM 110122108 1,426 31,900 SH   SOLE   0 0 31,900
Cas Medical Systems Inc New COM 124769209 3,127 1,895,346 SH   SOLE   0 0 1,895,346
Caterpillar Inc COM 149123101 2,229 27,025 SH   SOLE   0 0 27,025
Celgene Corp COM 151020104 2,336 19,970 SH   SOLE   0 0 19,970
Central Fund Of Canada Ltd Cl- COM 153501101 28,847 2,121,070 SH   SOLE   0 0 2,121,070
Central Gold-Trust Trust Units COM 153546106 267 6,050 SH   SOLE   0 0 6,050
Champions Oncology Inc COM 15870P109 12 11,000 SH   SOLE   0 0 11,000
Chevron Corporation COM 166764100 1,805 15,250 SH   SOLE   0 0 15,250
Colonial Properties Trust COM 195872106 1,902 78,875 SH   SOLE   0 0 78,875
Conocophillips COM 20825C104 960 15,875 SH   SOLE   0 0 15,875
Corning Inc COM 219350105 1,251 87,900 SH   SOLE   0 0 87,900
Cytec Industries Inc COM 232820100 1,004 13,700 SH   SOLE   0 0 13,700
Deere & Co COM 244199105 1,016 12,500 SH   SOLE   0 0 12,500
Diebold Inc COM 253651103 1,116 33,130 SH   SOLE   0 0 33,130
Direxion Shs Etf Tr Daily Finl COM 25459Y447 463 13,789 SH   SOLE   0 0 13,789
Duke Energy Corporation Holdin COM 26441C204 1,426 21,123 SH   SOLE   0 0 21,123
Duke Realty Corp COM 264411505 912 58,525 SH   SOLE   0 0 58,525
E I Du Pont De Nemours & Co COM 263534109 2,222 42,330 SH   SOLE   0 0 42,330
Electronic Control Security In COM 285617106 1 25,000 SH   SOLE   0 0 25,000
Encompass Group Affiliates Inc COM 29257H101 0 200,000 SH   SOLE   0 0 200,000
Epr Properties Common Shares O COM 26884U109 3,521 70,050 SH   SOLE   0 0 70,050
Equity Residential COM 29476L107 1,547 26,650 SH   SOLE   0 0 26,650
Essex Property Trust Inc COM 297178105 3,238 20,375 SH   SOLE   0 0 20,375
First Industrial Realty Trust COM 32054K103 1,153 76,000 SH   SOLE   0 0 76,000
Firstenergy Corp COM 337932107 1,192 31,916 SH   SOLE   0 0 31,916
Freeport Mcmoran Copper & Gold COM 35671D857 565 20,455 SH   SOLE   0 0 20,455
Gatx Corp COM 361448103 1,195 25,195 SH   SOLE   0 0 25,195
General Dynamics Corp COM 369550108 1,062 13,560 SH   SOLE   0 0 13,560
General Electric Co COM 369604103 1,975 85,150 SH   SOLE   0 0 85,150
Glimcher Realty Trust-Sbi COM 379302102 341 31,225 SH   SOLE   0 0 31,225
Goldcorp Inc COM 380956409 4,628 187,141 SH   SOLE   0 0 187,141
Harris Corp-Del COM 413875105 1,308 26,555 SH   SOLE   0 0 26,555
Hcp Inc COM 40414L109 2,378 52,325 SH   SOLE   0 0 52,325
Health Care Reit Inc COM 42217K106 1,072 16,000 SH   SOLE   0 0 16,000
Honeywell Intl Inc COM 438516106 2,546 32,095 SH   SOLE   0 0 32,095
Humana Inc COM 444859102 1,517 17,980 SH   SOLE   0 0 17,980
Ingersoll Rand Plc COM g47791101 1,598 28,775 SH   SOLE   0 0 28,775
Intel Corp COM 458140100 439 18,100 SH   SOLE   0 0 18,100
International Business Machine COM 459200101 6,115 31,995 SH   SOLE   0 0 31,995
Jetblue Airways Corp COM 477143101 548 87,000 SH   SOLE   0 0 87,000
Johnson & Johnson COM 478160104 897 10,450 SH   SOLE   0 0 10,450
Johnson Controls Inc COM 478366107 1,247 34,856 SH   SOLE   0 0 34,856
Joy Global Inc COM 481165108 874 18,000 SH   SOLE   0 0 18,000
Liberty Property Trust-Sbi COM 531172104 1,653 44,733 SH   SOLE   0 0 44,733
Lockheed Martin Corp COM 539830109 1,201 11,070 SH   SOLE   0 0 11,070
Magal Security Systems Ltd Ord COM m6786d104 5,818 1,576,783 SH   SOLE   0 0 1,576,783
Materion Corporation COM 576690101 1,138 42,000 SH   SOLE   0 0 42,000
Meltronix Inc COM 585730104 0 12,000 SH   SOLE   0 0 12,000
Merck & Co Inc COM 58933Y105 1,129 24,305 SH   SOLE   0 0 24,305
Mid-America Apartment Communit COM 59522J103 529 7,800 SH   SOLE   0 0 7,800
Mind Cti Ltd COM m70240102 43 25,000 SH   SOLE   0 0 25,000
Newmont Mining Corp Holding Co COM 651639106 10,709 357,567 SH   SOLE   0 0 357,567
Nextera Energy Inc COM 65339F101 2,365 29,020 SH   SOLE   0 0 29,020
Oge Energy Corp COM 670837103 1,175 17,225 SH   SOLE   0 0 17,225
Pall Corp COM 696429307 2,718 40,920 SH   SOLE   0 0 40,920
Parker Hannifin Corp COM 701094104 2,114 22,162 SH   SOLE   0 0 22,162
Phillips 66 Com COM 718546104 435 7,387 SH   SOLE   0 0 7,387
Post Properties Inc COM 737464107 223 4,500 SH   SOLE   0 0 4,500
Prologis Inc COM 74340W103 1,454 38,550 SH   SOLE   0 0 38,550
Proshares Tr Proshares Ultrash COM 74347B201 1,338 18,470 SH   SOLE   0 0 18,470
Proshares Tr Ultrashort Dow30 COM 74348A590 1,518 42,973 SH   SOLE   0 0 42,973
Proshares Tr Ultrashort Real E COM 74348A871 250 11,775 SH   SOLE   0 0 11,775
Raytheon Co Com COM 755111507 1,622 24,530 SH   SOLE   0 0 24,530
Royal Dutch Shell Plc Spons COM 780259206 683 10,700 SH   SOLE   0 0 10,700
Sigma-Aldrich Corp COM 826552101 844 10,500 SH   SOLE   0 0 10,500
Softbrands Inc Contra Cusip Pe COM 83402A990 0 41,300 SH   SOLE   0 0 41,300
Spare Backup Inc COM 84650T103 0 45,509 SH   SOLE   0 0 45,509
Taubman Centers Inc COM 876664103 1,588 21,132 SH   SOLE   0 0 21,132
Texas Instruments Incorporated COM 882508104 2,376 68,150 SH   SOLE   0 0 68,150
Timken Co COM 887389104 2,383 42,350 SH   SOLE   0 0 42,350
Udr Inc Com COM 902653104 1,395 54,723 SH   SOLE   0 0 54,723
United Continental Hldgs Inc COM 910047109 817 26,100 SH   SOLE   0 0 26,100
Verizon Communications COM 92343V104 894 17,764 SH   SOLE   0 0 17,764
Washington Real Estate Investm COM 939653101 1,367 50,800 SH   SOLE   0 0 50,800
Wellpoint Inc COM 94973V107 1,983 24,230 SH   SOLE   0 0 24,230
Jpmorgan Short Duration Bond F MF 4812C1330 142 13,055 SH   SOLE   0 0 13,055