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
3M CO COM 88579Y101 4,751 22,548 SH   SOLE N/A 22,548 0 0
ADIENT PLC ORD SHS G0084W101 6,348 161,490 SH   SOLE N/A 161,490 0 0
AFLAC INC COM 001055102 5,550 117,899 SH   SOLE N/A 117,899 0 0
ALLEGHANY CORP DEL COM 017175100 1,557 2,386 SH   SOLE N/A 2,386 0 0
ALLIANCEBERNSTEIN GBL HGH IN COM 01879R106 19,699 1,690,932 SH   SOLE N/A 1,690,932 0 0
ALPHABET INC CAP STK CL A 02079K305 10,625 8,802 SH   SOLE N/A 8,802 0 0
ALPHABET INC CAP STK CL C 02079K107 407 341 SH   SOLE N/A 341 0 0
ALTRIA GROUP INC COM 02209S103 2,931 48,600 SH   SOLE N/A 48,600 0 0
AMAZON COM INC COM 023135106 2,179 1,088 SH   SOLE N/A 1,088 0 0
AMBEV SA SPONSORED ADR 02319V103 82 17,875 SH   SOLE N/A 17,875 0 0
AMERICAN EXPRESS CO COM 025816109 1,166 10,953 SH   SOLE N/A 10,953 0 0
APPLE INC COM 037833100 2,394 10,606 SH   SOLE N/A 10,606 0 0
APTARGROUP INC COM 038336103 1,522 14,129 SH   SOLE N/A 14,129 0 0
ARADIGM CORP COM PAR 038505400 547 479,477 SH   SOLE N/A 479,477 0 0
ARQULE INC COM 04269E107 849 150,000 SH   SOLE N/A 150,000 0 0
AT&T INC COM 00206R102 21,554 641,878 SH   SOLE N/A 641,878 0 0
AVANGRID INC COM 05351W103 3,003 62,664 SH   SOLE N/A 62,664 0 0
AXALTA COATING SYS LTD COM G0750C108 3,919 134,380 SH   SOLE N/A 134,380 0 0
BANK N S HALIFAX COM 064149107 1,705 28,600 SH   SOLE N/A 28,600 0 0
BANK NEW YORK MELLON CORP COM 064058100 204 4,000 SH   SOLE N/A 4,000 0 0
BED BATH & BEYOND INC COM 075896100 1,586 105,700 SH   SOLE N/A 105,700 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 246 1,150 SH   SOLE N/A 1,150 0 0
BLACKROCK MUNIYIELD NY QLTY COM 09255E102 1,319 114,600 SH   SOLE N/A 114,600 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 10,394 167,434 SH   SOLE N/A 167,434 0 0
BROADCOM INC COM 11135F101 15,782 63,966 SH   SOLE N/A 63,966 0 0
CAMECO CORP COM 13321L108 4,690 411,400 SH   SOLE N/A 411,400 0 0
CATERPILLAR INC DEL COM 149123101 2,835 18,591 SH   SOLE N/A 18,591 0 0
CBOE GLOBAL MARKETS INC COM 12503M108 8,364 87,158 SH   SOLE N/A 87,158 0 0
CERNER CORP COM 156782104 1,159 18,000 SH   SOLE N/A 18,000 0 0
CHARTER COMMUNICATIONS INC N CL A 16119P108 781 2,396 SH   SOLE N/A 2,396 0 0
CHINA MOBILE LIMITED SPONSORED ADR 16941M109 4,404 90,000 SH   SOLE N/A 90,000 0 0
CHINA YUCHAI INTL LTD COM G21082105 3,627 210,000 SH   SOLE N/A 210,000 0 0
CHURCH & DWIGHT INC COM 171340102 214 3,600 SH   SOLE N/A 3,600 0 0
CISCO SYS INC COM 17275R102 350 7,200 SH   SOLE N/A 7,200 0 0
COGNEX CORP COM 192422103 1,284 23,000 SH   SOLE N/A 23,000 0 0
COLGATE PALMOLIVE CO COM 194162103 1,085 16,200 SH   SOLE N/A 16,200 0 0
COMCAST CORP NEW CL A 20030N101 12,946 365,602 SH   SOLE N/A 365,602 0 0
CONAGRA BRANDS INC COM 205887102 671 19,762 SH   SOLE N/A 19,762 0 0
CONSOLIDATED TOMOKA LD CO COM 210226106 249 4,000 SH   SOLE N/A 4,000 0 0
CONSTELLATION BRANDS INC CL A 21036P108 517 2,400 SH   SOLE N/A 2,400 0 0
CUMMINS INC COM 231021106 2,118 14,500 SH   SOLE N/A 14,500 0 0
CURIS INC COM NEW 231269200 1,039 583,750 SH   SOLE N/A 583,750 0 0
D R HORTON INC COM 23331A109 2,126 50,400 SH   SOLE N/A 50,400 0 0
DEAN FOODS CO NEW COM NEW 242370203 2,834 399,170 SH   SOLE N/A 399,170 0 0
DEERE & CO COM 244199105 2,696 17,931 SH   SOLE N/A 17,931 0 0
DISNEY WALT CO COM DISNEY 254687106 819 7,000 SH   SOLE N/A 7,000 0 0
DONEGAL GROUP INC CL A 257701201 815 57,386 SH   SOLE N/A 57,386 0 0
DOWDUPONT INC COM 26078J100 6,287 97,754 SH   SOLE N/A 97,754 0 0
EXXON MOBIL CORP COM 30231G102 444 5,228 SH   SOLE N/A 5,228 0 0
FACEBOOK INC CL A 30303M102 625 3,800 SH   SOLE N/A 3,800 0 0
FOOT LOCKER INC COM 344849104 3,716 72,900 SH   SOLE N/A 72,900 0 0
FORD MTR CO DEL COM PAR $0.01 345370860 994 107,440 SH   SOLE N/A 107,440 0 0
FRANKLIN RES INC COM 354613101 2,865 94,216 SH   SOLE N/A 94,216 0 0
GALLAGHER ARTHUR J & CO COM 363576109 4,842 65,043 SH   SOLE N/A 65,043 0 0
GENERAL ELECTRIC CO COM 369604103 3,087 273,401 SH   SOLE N/A 273,401 0 0
GENTEX CORP COM 371901109 1,202 56,000 SH   SOLE N/A 56,000 0 0
GERON CORP COM 374163103 272 154,700 SH   SOLE N/A 154,700 0 0
GILEAD SCIENCES INC COM 375558103 9,557 123,784 SH   SOLE N/A 123,784 0 0
GOLUB CAP BDC INC COM 38173M102 11,967 638,244 SH   SOLE N/A 638,244 0 0
GOPRO INC CL A 38268T103 2,409 334,597 SH   SOLE N/A 334,597 0 0
GOPRO INC NOTE 3.500% 4/1 38268TAB9 861 900,000 PRN   SOLE N/A 900,000 0 0
GRANITE CONSTR INC COM 387328107 805 17,604 SH   SOLE N/A 17,604 0 0
HANESBRANDS INC COM 410345102 6,263 339,829 SH   SOLE N/A 339,829 0 0
HONEYWELL INTL INC COM 438516106 379 2,275 SH   SOLE N/A 2,275 0 0
IDENTIV INC COM NEW 45170X205 241 40,500 SH   SOLE N/A 40,500 0 0
INDEPENDENCE HLDG CO NEW COM NEW 453440307 18,285 509,341 SH   SOLE N/A 509,341 0 0
INTEL CORP COM 458140100 1,338 28,296 SH   SOLE N/A 28,296 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 16,115 106,576 SH   SOLE N/A 106,576 0 0
INTEVAC INC COM 461148108 1,527 293,646 SH   SOLE N/A 293,646 0 0
ISHARES GOLD TRUST ISHARES 464285105 33,060 2,892,400 SH   SOLE N/A 2,892,400 0 0
ISHARES SILVER TRUST ISHARES 46428Q109 3,317 241,600 SH   SOLE N/A 241,600 0 0
JEFFERIES FINL GROUP INC COM 47233W109 4,985 227,000 SH   SOLE N/A 227,000 0 0
JOHNSON & JOHNSON COM 478160104 9,448 68,378 SH   SOLE N/A 68,378 0 0
JPMORGAN CHASE & CO COM 46625H100 385 3,412 SH   SOLE N/A 3,412 0 0
KULICKE & SOFFA INDS INC COM 501242101 5,960 250,000 SH   SOLE N/A 250,000 0 0
LAMB WESTON HLDGS INC COM 513272104 439 6,587 SH   SOLE N/A 6,587 0 0
LAYNE CHRISTENSEN CO NOTE 4.250%11/1 521050AB0 1,561 1,550,000 PRN   SOLE N/A 1,550,000 0 0
LIBERTY GLOBAL PLC SHS CL A G5480U104 833 28,809 SH   SOLE N/A 28,809 0 0
LIBERTY GLOBAL PLC SHS CL C G5480U120 2,355 83,629 SH   SOLE N/A 83,629 0 0
LIBERTY LATIN AMERICA LTD COM CL C G9001E128 313 15,183 SH   SOLE N/A 15,183 0 0
LIBERTY LATIN AMERIC-CL A COM CL A G9001E102 123 5,916 SH   SOLE N/A 5,916 0 0
LOEWS CORP COM 540424108 703 14,000 SH   SOLE N/A 14,000 0 0
M & T BK CORP COM 55261F104 9,263 56,297 SH   SOLE N/A 56,297 0 0
MERCK & CO INC COM 58933Y105 4,100 57,790 SH   SOLE N/A 57,790 0 0
METLIFE INC COM 59156R108 972 20,800 SH   SOLE N/A 20,800 0 0
MGM RESORTS INTERNATIONAL COM 552953101 6,160 220,695 SH   SOLE N/A 220,695 0 0
MICROSOFT CORP COM 594918104 8,478 74,130 SH   SOLE N/A 74,130 0 0
MOHAWK INDS INC COM 608190104 7,088 40,420 SH   SOLE N/A 40,420 0 0
MOLSON COORS BREWING CO CL B 60871R209 8,478 137,855 SH   SOLE N/A 137,855 0 0
MONDELEZ INTL INC CL A 609207105 297 6,920 SH   SOLE N/A 6,920 0 0
MONSTER BEVERAGE CORP NEW COM 61174X109 2,311 39,650 SH   SOLE N/A 39,650 0 0
MURPHY OIL CORP COM 626717102 808 24,226 SH   SOLE N/A 24,226 0 0
MURPHY USA INC COM 626755102 302 3,531 SH   SOLE N/A 3,531 0 0
NEW GERMANY FD INC COM 644465106 268 14,698 SH   SOLE N/A 14,698 0 0
NEWELL BRANDS INC COM 651229106 12,010 591,603 SH   SOLE N/A 591,603 0 0
NEWLINK GENETICS CORP COM 651511107 434 181,740 SH   SOLE N/A 181,740 0 0
NORDIC AMERICAN TANKERS LIMI COM G65773106 347 166,000 SH   SOLE N/A 166,000 0 0
NOVARTIS A G SPONSORED ADR 66987V109 1,365 15,848 SH   SOLE N/A 15,848 0 0
NUTRIEN LTD COM 67077M108 8,088 140,177 SH   SOLE N/A 140,177 0 0
NXP SEMICONDUCTORS N V COM N6596X109 16,389 191,684 SH   SOLE N/A 191,684 0 0
OAKTREE SPECIALTY LENDING CO COM 67401P108 2,380 479,860 SH   SOLE N/A 479,860 0 0
OCCIDENTAL PETE CORP DEL COM 674599105 207 2,522 SH   SOLE N/A 2,522 0 0
PFIZER INC COM 717081103 4,454 101,061 SH   SOLE N/A 101,061 0 0
PHILIP MORRIS INTL INC COM 718172109 2,259 27,700 SH   SOLE N/A 27,700 0 0
PILGRIMS PRIDE CORP NEW COM 72147K108 933 51,600 SH   SOLE N/A 51,600 0 0
POTLATCHDELTIC CORPORATION COM 737630103 1,188 29,000 SH   SOLE N/A 29,000 0 0
PRAXAIR INC COM 74005P104 1,286 8,000 SH   SOLE N/A 8,000 0 0
PROCTER AND GAMBLE CO COM 742718109 1,136 13,650 SH   SOLE N/A 13,650 0 0
PROGRESSIVE CORP OHIO COM 743315103 6,189 87,124 SH   SOLE N/A 87,124 0 0
QUALCOMM INC COM 747525103 13,296 184,584 SH   SOLE N/A 184,584 0 0
ROYAL BK CDA MONTREAL QUE COM 780087102 1,451 18,100 SH   SOLE N/A 18,100 0 0
ROYAL GOLD INC COM 780287108 2,007 26,040 SH   SOLE N/A 26,040 0 0
SANOFI RIGHT 12/31/2020 80105N113 36 63,817 SH   SOLE N/A 63,817 0 0
SEALED AIR CORP NEW COM 81211K100 4,081 101,637 SH   SOLE N/A 101,637 0 0
SIRIUS XM HLDGS INC COM 82968B103 126 20,000 SH   SOLE N/A 20,000 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 38,425 340,765 SH   SOLE N/A 340,765 0 0
SPECTRUM BRANDS HLDGS INC NE COM 84790A105 12,968 173,548 SH   SOLE N/A 173,548 0 0
SPROTT PHYSICAL SILVER TR TR UNIT 85207K107 726 136,709 SH   SOLE N/A 136,709 0 0
T MOBILE US INC COM 872590104 4,553 64,875 SH   SOLE N/A 64,875 0 0
TAHOE RES INC COM 873868103 2,661 953,675 SH   SOLE N/A 953,675 0 0
TE CONNECTIVITY LTD REG SHS H84989104 360 4,094 SH   SOLE N/A 4,094 0 0
TECHNIPFMC PLC COM G87110105 997 31,900 SH   SOLE N/A 31,900 0 0
TEEKAY TANKERS LTD CL A Y8565N102 555 562,200 SH   SOLE N/A 562,200 0 0
TWENTY FIRST CENTY FOX INC CL A 90130A101 17,553 378,863 SH   SOLE N/A 378,863 0 0
UNION PAC CORP COM 907818108 1,465 9,000 SH   SOLE N/A 9,000 0 0
UNITED TECHNOLOGIES CORP COM 913017109 7,567 54,124 SH   SOLE N/A 54,124 0 0
UNUM GROUP COM 91529Y106 2,500 64,000 SH   SOLE N/A 64,000 0 0
US BANCORP DEL COM NEW 902973304 1,590 30,100 SH   SOLE N/A 30,100 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 2,917 54,631 SH   SOLE N/A 54,631 0 0
WALMART INC COM 931142103 2,957 31,486 SH   SOLE N/A 31,486 0 0
WASHINGTON PRIME GROUP NEW COM 93964W108 4,033 552,400 SH   SOLE N/A 552,400 0 0
WESTERN ASST INFLTN LKD INM COM SH BEN INT 95766Q106 459 40,726 SH   SOLE N/A 40,726 0 0
WESTERN AST INFL LKD OPP & I COM 95766R104 1,540 142,100 SH   SOLE N/A 142,100 0 0
WESTROCK CO COM 96145D105 8,882 166,196 SH   SOLE N/A 166,196 0 0
WHIRLPOOL CORP COM 963320106 6,332 53,320 SH   SOLE N/A 53,320 0 0