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 5,508 26,507 SH   SOLE   26,507 0 0
ADIENT PLC ORD SHS G0084W101 1,335 102,973 SH   SOLE   102,973 0 0
AFLAC INC COM 001055102 5,915 118,294 SH   SOLE   118,294 0 0
ALLEGHANY CORP DEL COM 017175100 1,461 2,386 SH   SOLE   2,386 0 0
ALLIANCEBERNSTEIN GBL HGH IN COM 01879R106 19,598 1,690,932 SH   SOLE   1,690,932 0 0
ALPHABET INC CAP STK CL A 02079K305 8,937 7,594 SH   SOLE   7,594 0 0
ALPHABET INC CAP STK CL C 02079K107 400 341 SH   SOLE   341 0 0
ALTRIA GROUP INC COM 02209S103 3,888 67,695 SH   SOLE   67,695 0 0
AMAZON COM INC COM 023135106 1,937 1,088 SH   SOLE   1,088 0 0
AMERICAN EXPRESS CO COM 025816109 1,197 10,953 SH   SOLE   10,953 0 0
APPLE HOSPITALITY REIT INC COM NEW 03784Y200 1,018 62,460 SH   SOLE   62,460 0 0
APPLE INC COM 037833100 2,015 10,606 SH   SOLE   10,606 0 0
APTARGROUP INC COM 038336103 1,503 14,129 SH   SOLE   14,129 0 0
ARCONIC INC COM 03965L100 6,276 328,420 SH   SOLE   328,420 0 0
ARQULE INC COM 04269E107 718 150,000 SH   SOLE   150,000 0 0
AT&T INC COM 00206R102 22,165 706,784 SH   SOLE   706,784 0 0
ATHENE HLDG LTD CL A G0684D107 1,008 24,705 SH   SOLE   24,705 0 0
AVANGRID INC COM 05351W103 2,610 51,832 SH   SOLE   51,832 0 0
AXALTA COATING SYS LTD COM G0750C108 3,712 147,259 SH   SOLE   147,259 0 0
BANK N S HALIFAX COM 064149107 1,524 28,600 SH   SOLE   28,600 0 0
BANK NEW YORK MELLON CORP COM 064058100 202 4,000 SH   SOLE   4,000 0 0
BARRICK GOLD CORPORATION COM 067901108 3,616 263,748 SH   SOLE   263,748 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 231 1,150 SH   SOLE   1,150 0 0
BLACKROCK MUNIYIELD NY QLTY COM 09255E102 1,411 114,600 SH   SOLE   114,600 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 13,090 274,359 SH   SOLE   274,359 0 0
BROADCOM INC COM 11135F101 7,575 25,189 SH   SOLE   25,189 0 0
CBOE GLOBAL MARKETS INC COM 12503M108 9,131 95,675 SH   SOLE   95,675 0 0
CERNER CORP COM 156782104 1,030 18,000 SH   SOLE   18,000 0 0
CHARTER COMMUNICATIONS INC N CL A 16119P108 732 2,110 SH   SOLE   2,110 0 0
CHEMOURS CO COM 163851108 617 16,600 SH   SOLE   16,600 0 0
CHINA YUCHAI INTL LTD COM G21082105 4,200 265,000 SH   SOLE   265,000 0 0
CISCO SYS INC COM 17275R102 389 7,200 SH   SOLE   7,200 0 0
COGNEX CORP COM 192422103 1,170 23,000 SH   SOLE   23,000 0 0
COLGATE PALMOLIVE CO COM 194162103 1,110 16,200 SH   SOLE   16,200 0 0
COMCAST CORP NEW CL A 20030N101 8,737 218,540 SH   SOLE   218,540 0 0
CONAGRA BRANDS INC COM 205887102 548 19,762 SH   SOLE   19,762 0 0
CONSOLIDATED TOMOKA LD CO COM 210226106 236 4,000 SH   SOLE   4,000 0 0
CONSTELLATION BRANDS INC CL A 21036P108 421 2,400 SH   SOLE   2,400 0 0
CUMMINS INC COM 231021106 2,289 14,500 SH   SOLE   14,500 0 0
CURIS INC COM NEW 231269200 846 425,338 SH   SOLE   425,338 0 0
D R HORTON INC COM 23331A109 3,246 78,435 SH   SOLE   78,435 0 0
DEAN FOODS CO NEW COM NEW 242370203 1,209 399,170 SH   SOLE   399,170 0 0
DISNEY WALT CO COM DISNEY 254687106 829 7,465 SH   SOLE   7,465 0 0
DONEGAL GROUP INC CL A 257701201 772 57,386 SH   SOLE   57,386 0 0
DOWDUPONT INC COM 26078J100 8,722 163,603 SH   SOLE   163,603 0 0
EXXON MOBIL CORP COM 30231G102 422 5,228 SH   SOLE   5,228 0 0
FACEBOOK INC CL A 30303M102 583 3,500 SH   SOLE   3,500 0 0
FRANKLIN RES INC COM 354613101 3,122 94,216 SH   SOLE   94,216 0 0
GALLAGHER ARTHUR J & CO COM 363576109 5,109 65,416 SH   SOLE   65,416 0 0
GENERAL ELECTRIC CO COM 369604103 772 77,301 SH   SOLE   77,301 0 0
GENTEX CORP COM 371901109 1,158 56,000 SH   SOLE   56,000 0 0
GERON CORP COM 374163103 257 154,700 SH   SOLE   154,700 0 0
GILEAD SCIENCES INC COM 375558103 9,162 140,929 SH   SOLE   140,929 0 0
GOLUB CAP BDC INC COM 38173M102 11,412 638,244 SH   SOLE   638,244 0 0
GOPRO INC CL A 38268T103 2,175 334,597 SH   SOLE   334,597 0 0
GOPRO INC NOTE 3.500% 4/1 38268TAB9 887 900,000 PRN   SOLE   900,000 0 0
GRANITE CONSTR INC COM 387328107 760 17,604 SH   SOLE   17,604 0 0
HANESBRANDS INC COM 410345102 10,674 596,990 SH   SOLE   596,990 0 0
HONEYWELL INTL INC COM 438516106 421 2,650 SH   SOLE   2,650 0 0
IDENTIV INC COM NEW 45170X205 149 29,500 SH   SOLE   29,500 0 0
INDEPENDENCE HLDG CO NEW COM NEW 453440307 17,954 509,341 SH   SOLE   509,341 0 0
INTEL CORP COM 458140100 1,501 27,950 SH   SOLE   27,950 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 14,292 101,293 SH   SOLE   101,293 0 0
INTEVAC INC COM 461148108 1,800 293,646 SH   SOLE   293,646 0 0
ISHARES GOLD TRUST ISHARES 464285105 35,808 2,892,400 SH   SOLE   2,892,400 0 0
ISHARES SILVER TRUST ISHARES 46428Q109 3,426 241,600 SH   SOLE   241,600 0 0
JEFFERIES FINL GROUP INC COM 47233W109 4,265 227,000 SH   SOLE   227,000 0 0
JOHNSON & JOHNSON COM 478160104 9,726 69,578 SH   SOLE   69,578 0 0
JPMORGAN CHASE & CO COM 46625H100 345 3,412 SH   SOLE   3,412 0 0
KULICKE & SOFFA INDS INC COM 501242101 5,638 255,000 SH   SOLE   255,000 0 0
LAMB WESTON HLDGS INC COM 513272104 494 6,587 SH   SOLE   6,587 0 0
LEAR CORP COM NEW 521865204 7,461 54,975 SH   SOLE   54,975 0 0
LIBERTY GLOBAL PLC SHS CL A G5480U104 718 28,809 SH   SOLE   28,809 0 0
LIBERTY GLOBAL PLC SHS CL C G5480U120 2,104 86,910 SH   SOLE   86,910 0 0
LIBERTY LATIN AMERICA LTD COM CL C G9001E128 295 15,183 SH   SOLE   15,183 0 0
LINDE PLC COM G5494J103 1,407 8,000 SH   SOLE   8,000 0 0
LOEWS CORP COM 540424108 671 14,000 SH   SOLE   14,000 0 0
M & T BK CORP COM 55261F104 8,917 56,791 SH   SOLE   56,791 0 0
MERCK & CO INC COM 58933Y105 2,686 32,290 SH   SOLE   32,290 0 0
METLIFE INC COM 59156R108 460 10,800 SH   SOLE   10,800 0 0
MGM RESORTS INTERNATIONAL COM 552953101 5,681 221,383 SH   SOLE   221,383 0 0
MICROSOFT CORP COM 594918104 8,748 74,175 SH   SOLE   74,175 0 0
MOHAWK INDS INC COM 608190104 8,098 64,190 SH   SOLE   64,190 0 0
MOLSON COORS BREWING CO CL B 60871R209 11,335 190,020 SH   SOLE   190,020 0 0
MONDELEZ INTL INC CL A 609207105 345 6,920 SH   SOLE   6,920 0 0
MONSTER BEVERAGE CORP NEW COM 61174X109 1,072 19,650 SH   SOLE   19,650 0 0
MURPHY OIL CORP COM 626717102 710 24,226 SH   SOLE   24,226 0 0
MURPHY USA INC COM 626755102 302 3,531 SH   SOLE   3,531 0 0
NEW GERMANY FD INC COM 644465106 250 17,888 SH   SOLE   17,888 0 0
NEWELL BRANDS INC COM 651229106 9,369 610,784 SH   SOLE   610,784 0 0
NEWLINK GENETICS CORP COM 651511107 19 10,000 SH   SOLE   10,000 0 0
NORDIC AMERICAN TANKERS LIMI COM G65773106 335 166,000 SH   SOLE   166,000 0 0
NORTHROP GRUMMAN CORP COM 666807102 6,411 23,780 SH   SOLE   23,780 0 0
NOVARTIS A G SPONSORED ADR 66987V109 1,524 15,848 SH   SOLE   15,848 0 0
NUTRIEN LTD COM 67077M108 8,933 169,315 SH   SOLE   169,315 0 0
NXP SEMICONDUCTORS N V COM N6596X109 14,466 163,662 SH   SOLE   163,662 0 0
OAKTREE SPECIALTY LENDING CO COM 67401P108 3,299 636,864 SH   SOLE   636,864 0 0
PAN AMERICAN SILVER CORP COM 697900108 2,438 183,984 SH   SOLE   183,984 0 0
PFIZER INC COM 717081103 4,292 101,061 SH   SOLE   101,061 0 0
PHILIP MORRIS INTL INC COM 718172109 2,979 33,700 SH   SOLE   33,700 0 0
POTLATCHDELTIC CORPORATION COM 737630103 1,295 34,281 SH   SOLE   34,281 0 0
PREMIER INC CL A 74051N102 1,021 29,600 SH   SOLE   29,600 0 0
PROGRESSIVE CORP OHIO COM 743315103 9,862 136,795 SH   SOLE   136,795 0 0
QUALCOMM INC COM 747525103 11,652 204,305 SH   SOLE   204,305 0 0
ROYAL BK CDA MONTREAL QUE COM 780087102 1,367 18,100 SH   SOLE   18,100 0 0
ROYAL GOLD INC COM 780287108 2,368 26,040 SH   SOLE   26,040 0 0
SANOFI RIGHT 12/31/2020 80105N113 29 63,817 SH   SOLE   63,817 0 0
SEALED AIR CORP NEW COM 81211K100 4,728 102,647 SH   SOLE   102,647 0 0
SIRIUS XM HLDGS INC COM 82968B103 113 20,000 SH   SOLE   20,000 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 40,201 329,487 SH   SOLE   329,487 0 0
SPECTRUM BRANDS HLDGS INC NE COM 84790A105 8,831 161,200 SH   SOLE   161,200 0 0
SPROTT PHYSICAL SILVER TR TR UNIT 85207K107 757 136,709 SH   SOLE   136,709 0 0
T MOBILE US INC COM 872590104 4,856 70,281 SH   SOLE   70,281 0 0
TE CONNECTIVITY LTD REG SHS H84989104 331 4,094 SH   SOLE   4,094 0 0
TECHNIPFMC PLC COM G87110105 750 31,900 SH   SOLE   31,900 0 0
TEEKAY TANKERS LTD CL A Y8565N102 545 562,200 SH   SOLE   562,200 0 0
THOR INDS INC COM 885160101 2,724 43,670 SH   SOLE   43,670 0 0
UNION PACIFIC CORP COM 907818108 1,505 9,000 SH   SOLE   9,000 0 0
UNITED TECHNOLOGIES CORP COM 913017109 8,641 67,042 SH   SOLE   67,042 0 0
UNUM GROUP COM 91529Y106 2,030 60,000 SH   SOLE   60,000 0 0
US BANCORP DEL COM NEW 902973304 1,451 30,100 SH   SOLE   30,100 0 0
VAPOTHERM INC COM 922107107 500 25,434 SH   SOLE   25,434 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 2,899 49,031 SH   SOLE   49,031 0 0
WALMART INC COM 931142103 3,071 31,486 SH   SOLE   31,486 0 0
WASHINGTON PRIME GROUP NEW COM 93964W108 2,310 408,797 SH   SOLE   408,797 0 0
WESTERN ASST INFLTN LKD INM COM SH BEN INT 95766Q106 457 40,726 SH   SOLE   40,726 0 0
WESTERN AST INFL LKD OPP & I COM 95766R104 1,525 142,100 SH   SOLE   142,100 0 0
WESTROCK CO COM 96145D105 9,670 252,145 SH   SOLE   252,145 0 0
WHIRLPOOL CORP COM 963320106 7,515 56,547 SH   SOLE   56,547 0 0