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
AES CORP COM 00130H105 1,021 90,000 SH   SOLE   90,000 0 0
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 1,776 10,020 SH   SOLE   10,020 0 0
ALLIANCE DATA SYSTEMS CORP COM 018581108 27,612 132,962 SH   SOLE   132,962 0 0
ALPHABET INC CAP STK CL A 02079K305 1,977 1,956 SH   SOLE   1,956 0 0
ANGLOGOLD ASHANTI LTD SPONS ADR 035128206 32,720 3,367,095 SH   SOLE   3,367,095 0 0
APACHE CORP COM 037411105 757 20,000 SH   SOLE   20,000 0 0
APPLE INC COM 037833100 45,957 276,261 SH   SOLE   276,261 0 0
APTIV PLC SHS G6095L109 54,741 672,251 SH   SOLE   672,251 0 0
ARCH CAP GROUP LTD ORD G0450A105 510 6,000 SH   SOLE   6,000 0 0
AVON PRODS INC COM 054303102 135 50,000 SH   SOLE   50,000 0 0
BAKER HUGHES A GE CO CL A 05722G100 804 29,000 SH   SOLE   29,000 0 0
BARRICK GOLD CORP COM 067901108 47,232 3,744,890 SH   SOLE   3,744,890 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 973 5,000 SH   SOLE   5,000 0 0
BLACKBERRY LTD COM 09228F103 1,522 142,500 SH   SOLE   142,500 0 0
CANADIAN SOLAR INC COM 136635109 1,942 119,405 SH   SOLE   119,405 0 0
CISCO SYS INC COM 17275R102 2,047 50,000 SH   SOLE   50,000 0 0
COEUR MNG INC COM NEW 192108504 9,213 1,158,742 SH   SOLE   1,158,742 0 0
COTY INC COM CL A 222070203 1,764 100,000 SH   SOLE   100,000 0 0
DAVITA INC COM 23918K108 828 13,000 SH   SOLE   13,000 0 0
DELPHI TECHNOLOGIES PLC SHS G2709G107 104,275 2,169,744 SH   SOLE   2,169,744 0 0
DIANA SHIPPING INC COM Y2066G104 1,544 443,887 SH   SOLE   443,887 0 0
DOWDUPONT INC COM 26078J100 924 14,916 SH   SOLE   14,916 0 0
DRDGOLD LIMITED SPON ADR REPSTG 26152H301 6,884 2,471,632 SH   SOLE   2,471,632 0 0
DUN & BRADSTREET CORP DEL NE COM 26483E100 1,017 8,870 SH   SOLE   8,870 0 0
EXXON MOBIL CORP COM 30231G102 246,466 3,373,494 SH   SOLE   3,373,494 0 0
FIESTA RESTAURANT GROUP INC COM 31660B101 257 15,210 SH   SOLE   15,210 0 0
FOOT LOCKER INC COM 344849104 93,221 2,130,421 SH   SOLE   2,130,421 0 0
GENERAL ELECTRIC CO COM 369604103 2,169 165,800 SH   SOLE   165,800 0 0
GILEAD SCIENCES INC COM 375558103 936 12,816 SH   SOLE   12,816 0 0
Gold Fields Ltd SPONS ADR 38059T106 34,070 8,500,738 SH   SOLE   8,500,738 0 0
GOLDCORP INC NEW COM 380956409 116,285 8,311,984 SH   SOLE   8,311,984 0 0
HARMONY GOLD MNG LTD SPONSORED ADR 413216300 2,781 1,125,555 SH   SOLE   1,125,555 0 0
HOLLYSYS AUTOMATION TECHNOLO SHS G45667105 6,675 279,390 SH   SOLE   279,390 0 0
HRG GROUP INC COM 40434J100 2,359 150,000 SH   SOLE   150,000 0 0
INGEVITY CORP COM 45688C107 753 10,567 SH   SOLE   10,567 0 0
INTERPUBLIC GROUP COS INC COM 460690100 1,132 50,000 SH   SOLE   50,000 0 0
JPMORGAN CHASE & CO COM 46625H100 5,553 51,630 SH   SOLE   51,630 0 0
KINROSS GOLD CORP COM NO PAR 496902404 139,919 35,345,781 SH   SOLE   35,345,781 0 0
LEIDOS HLDGS INC COM 525327102 906 14,000 SH   SOLE   14,000 0 0
LENNAR CORP CL A 526057104 6,459 113,907 SH   SOLE   113,907 0 0
LEUCADIA NATL CORP COM 527288104 63,359 2,871,452 SH   SOLE   2,871,452 0 0
LIBERTY GLOBAL PLC SHS CL C G5480U120 1,262 42,000 SH   SOLE   42,000 0 0
M & T BK CORP COM 55261F104 5,257 29,280 SH   SOLE   29,280 0 0
MARSH & MCLENNAN COS INC COM 571748102 315 3,900 SH   SOLE   3,900 0 0
MATTEL INC COM 577081102 522 40,000 SH   SOLE   40,000 0 0
MCKESSON CORP COM 58155Q103 192,210 1,377,496 SH   SOLE   1,377,496 0 0
MICROSOFT CORP COM 594918104 28,009 316,307 SH   SOLE   316,307 0 0
NEWELL BRANDS INC COM 651229106 1,481 60,000 SH   SOLE   60,000 0 0
NEWMONT MINING CORP COM 651639106 1,319 33,650 SH   SOLE   33,650 0 0
OCCIDENTAL PETE CORP DEL COM 674599105 816 12,650 SH   SOLE   12,650 0 0
ORACLE CORP COM 68389X105 17,583 391,477 SH   SOLE   391,477 0 0
PERSHING GOLD CORP COM NEW 715302204 3,430 1,739,604 SH   SOLE   1,739,604 0 0
PHILLIPS 66 COM 718546104 58,835 620,845 SH   SOLE   620,845 0 0
PLATINUM GROUP METALS LTD COM 72765Q601 399 1,384,218 SH   SOLE   1,384,218 0 0
PROCTER & GAMBLE CO COM 742718109 895 11,575 SH   SOLE   11,575 0 0
ROYAL DUTCH SHELL PLC SPON ADR B 780259107 333 5,200 SH   SOLE   5,200 0 0
SEACOR HOLDINGS INC COM 811904101 968 19,000 SH   SOLE   19,000 0 0
SEACOR MARINE HLDGS INC COM 78413P101 1,067 55,583 SH   SOLE   55,583 0 0
SHIRE PLC SPONSORED ADR 82481R106 80,512 539,810 SH   SOLE   539,810 0 0
TENARIS S A SPONSORED ADR 88031M109 207,571 6,088,203 SH   SOLE   6,088,203 0 0
THOMSON REUTERS CORP COM 884903105 568 14,715 SH   SOLE   14,715 0 0
TWITTER INC COM 90184L102 330 11,800 SH   SOLE   11,800 0 0
ULTRAPAR PARTICIPACOES S A SP ADR REP COM 90400P101 17,915 849,141 SH   SOLE   849,141 0 0
BANCORP DEL COM NEW 902973304 1,951 39,361 SH   SOLE   39,361 0 0
VANECK VECTORS ETF TR GOLD MINERS ETF 92189F106 1,580 71,249 SH   SOLE   71,249 0 0
VANECK VECTORS ETF TR JR GOLD MINERS E 92189F791 1,173 36,190 SH   SOLE   36,190 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 237 5,046 SH   SOLE   5,046 0 0
WAL MART STORES INC COM 931142103 538 6,293 SH   SOLE   6,293 0 0
DISNEY WALT CO COM DISNEY 254687106 281,392 2,859,561 SH   SOLE   2,859,561 0 0
WHEATON PRECIOUS METALS CORP COM 962879102 58,253 2,846,447 SH   SOLE   2,846,447 0 0
YUM BRANDS INC COM 988498101 585 7,000 SH   SOLE   7,000 0 0