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
ALPHABET INC CAP STK CL A 02079K305 3,552 5,051 SH   SOLE   5,051 0 0
AMERICAN TOWER CORP NEW COM 03027X100 880 7,745 SH   SOLE   7,745 0 0
ANGLOGOLD ASHANTI LTD SPONS ADR 035128206 43,856 2,429,001 SH   SOLE   2,429,001 0 0
APPLE INC COM 037833100 73,259 766,227 SH   SOLE   766,227 0 0
BAIDU INC SPON ADR REP A 056752108 6,606 40,000 SH   SOLE   40,000 0 0
BANK AMER CORP W EXP 01/16/201 060505146 374 108,000 SH   SOLE   108,000 0 0
BARRICK GOLD CORP COM 067901108 2,665 124,865 SH   SOLE   124,865 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 1,448 10,000 SH   SOLE   10,000 0 0
BANK AMER CORP WEXP10/28/201 060505153 166 2,110,618 SH   SOLE   2,110,618 0 0
BLACKBERRY LTD COM 09228F103 1,007 150,000 SH   SOLE   150,000 0 0
CALLAWAY GOLF CO COM 131193104 1,470 144,000 SH   SOLE   144,000 0 0
CANADIAN SOLAR INC COM 136635109 16,061 1,061,914 SH   SOLE   1,061,914 0 0
CHINA LODGING GRP LTD SPON ADR 16949N109 5,103 140,000 SH   SOLE   140,000 0 0
CISCO SYS INC COM 17275R102 2,815 98,144 SH   SOLE   98,144 0 0
CONTINENTAL BLDG PRODS INC COM 211171103 3,670 165,000 SH   SOLE   165,000 0 0
COWEN GROUP INC NEW CL A 223622101 782 263,720 SH   SOLE   263,720 0 0
DIANA SHIPPING INC COM Y2066G104 369 151,467 SH   SOLE   151,467 0 0
DR PEPPER SNAPPLE GROUP INC COM 26138E109 1,117 11,557 SH   SOLE   11,557 0 0
DRDGOLD LIMITED SPON ADR REPSTG 26152H301 4,283 731,475 SH   SOLE   731,475 0 0
DU PONT E I DE NEMOURS & CO COM 263534109 2,803 43,300 SH   SOLE   43,300 0 0
DUN & BRADSTREET CORP DEL NE COM 26483E100 1,779 14,600 SH   SOLE   14,600 0 0
EMERSON ELEC CO COM 291011104 186,187 3,570,568 SH   SOLE   3,570,568 0 0
ETHAN ALLEN INTERIORS INC COM 297602104 1,364 41,286 SH   SOLE   41,286 0 0
EXXON MOBIL CORP COM 30231G102 330,678 3,527,798 SH   SOLE   3,527,798 0 0
GENERAL DYNAMICS COM 369550108 1,433 10,287 SH   SOLE   10,287 0 0
GILEAD SCIENCES INC COM 375558103 81,466 976,758 SH   SOLE   976,758 0 0
Gold Fields Ltd SPONS ADR 38059T106 34,754 7,099,947 SH   SOLE   7,099,947 0 0
GOLDCORP INC NEW COM 380956409 26,944 1,409,552 SH   SOLE   1,409,552 0 0
HARMONY GOLD MNG LTD SPONSORED ADR 413216300 1,081 300,000 SH   SOLE   300,000 0 0
HOLLYSYS AUTOMATION TECHNOLO SHS G45667105 8,680 500,000 SH   SOLE   500,000 0 0
HONEYWELL INTL INC COM 438516106 552 4,748 SH   SOLE   4,748 0 0
HRG GROUP INC COM 40434J100 2,567 186,999 SH   SOLE   186,999 0 0
INGEVITY CORP COM 45688C107 41,128 1,208,063 SH   SOLE   1,208,063 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 235 1,550 SH   SOLE   1,550 0 0
INTL PAPER CO COM 460146103 1,079 25,454 SH   SOLE   25,454 0 0
JACOBS ENGR GROUP INC DEL COM 469814107 1,594 32,000 SH   SOLE   32,000 0 0
JOHNSON & JOHNSON COM 478160104 2,701 22,266 SH   SOLE   22,266 0 0
JPMORGAN CHASE & CO COM 46625H100 7,487 120,436 SH   SOLE   120,436 0 0
KBR INC COM 48242W106 1,102 83,298 SH   SOLE   83,298 0 0
KINROSS GOLD CORP COM NO PAR 496902404 62,929 12,880,294 SH   SOLE   12,880,294 0 0
KLX INC COM 482539103 697 22,500 SH   SOLE   22,500 0 0
LEIDOS HLDGS INC COM 525327102 1,724 36,000 SH   SOLE   36,000 0 0
LENNAR CORP CL A 526057104 2,858 62,000 SH   SOLE   62,000 0 0
LEUCADIA NATL CORP COM 527288104 68,650 3,962,530 SH   SOLE   3,962,530 0 0
LOCKHEED MARTIN CORP COM 539830109 163,594 658,870 SH   SOLE   658,870 0 0
MARSH & MCLENNAN COS INC COM 571748102 469 6,850 SH   SOLE   6,850 0 0
MERCK & CO INC NEW COM 58933Y105 912 15,835 SH   SOLE   15,835 0 0
MICROSOFT CORP COM 594918104 175,546 3,430,322 SH   SOLE   3,430,322 0 0
NEWMONT MINING CORP COM 651639106 32,568 832,628 SH   SOLE   832,628 0 0
OCCIDENTAL PETE CORP DEL COM 674599105 1,285 17,000 SH   SOLE   17,000 0 0
ORACLE CORP COM 68389X105 207,139 5,062,686 SH   SOLE   5,062,686 0 0
PEPSICO INC COM 713448108 2,861 27,000 SH   SOLE   27,000 0 0
PROCTER & GAMBLE CO COM 742718109 2,616 30,900 SH   SOLE   30,900 0 0
QUALCOMM INC COM 747525103 37,129 693,151 SH   SOLE   693,151 0 0
RACKSPACE HOSTING COM 750086100 375 18,000 SH   SOLE   18,000 0 0
REPUBLIC SVCS INC COM 760759100 1,847 36,000 SH   SOLE   36,000 0 0
ROYAL DUTCH SHELL PLC SPON ADR B 780259107 291 5,200 SH   SOLE   5,200 0 0
SANOFI RIGHT 12/31/2020 80105N113 3 14,000 SH   SOLE   14,000 0 0
SEACOR HOLDINGS INC COM 811904101 1,738 30,000 SH   SOLE   30,000 0 0
SERITAGE GROWTH PPTYS CL A 81752R100 1,172 23,500 SH   SOLE   23,500 0 0
SILVER WHEATON CORP COM 828336107 68,750 2,926,567 SH   SOLE   2,926,567 0 0
STILLWATER MNG CO NOTE 1.750%10/1 86074QAL6 7,739 7,000,000 SH   SOLE   7,000,000 0 0
STILLWATER MNG CO COM 86074Q102 3,124 263,310 SH   SOLE   263,310 0 0
SUNPOWER CORP COM 867652406 775 50,000 SH   SOLE   50,000 0 0
TEXAS INSTRS INC COM 882508104 35,800 571,480 SH   SOLE   571,480 0 0
BOEING CO COM 097023105 208,559 1,606,402 SH   SOLE   1,606,402 0 0
THOMSON REUTERS CORP COM 884903105 5,910 146,192 SH   SOLE   146,192 0 0
TWITTER INC COM 90184L102 422 25,000 SH   SOLE   25,000 0 0
BANCORP DEL COM NEW 902973304 10,585 262,421 SH   SOLE   262,421 0 0
VANECK VECTORS ETF TR GOLD MINERS ETF 92189F106 7,326 264,676 SH   SOLE   264,676 0 0
VANECK VECTORS ETF TR JR GOLD MINERS E 92189F791 2,316 54,284 SH   SOLE   54,284 0 0
VASCULAR SOLUTIONS INC COM 92231M109 1,459 35,000 SH   SOLE   35,000 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 3,018 54,024 SH   SOLE   54,024 0 0
WAL MART STORES INC COM 931142103 5,412 74,115 SH   SOLE   74,115 0 0
WCI CMNTYS INC COM PAR $0.01 92923C807 1,406 83,216 SH   SOLE   83,216 0 0
WESCO AIRCRAFT HLDGS INC COM 950814103 982 73,200 SH   SOLE   73,200 0 0
WESTROCK CO COM 96145D105 170,336 4,383,338 SH   SOLE   4,383,338 0 0
YUM BRANDS INC COM 988498101 913 11,015 SH   SOLE   11,015 0 0