Pekin Hardy Strauss 13F-HR Quarterly holdings report by institutional manager

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
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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
ABBOTT LABS	COM	002824100	1,795,734	15,876	SH		SOLE		0	0	15,876
ABBVIE INC	COM	00287Y109	5,822,710	32,767	SH		SOLE		0	0	32,767
ABRDN ASIA PACIFIC INCOME FU	COM NEW	003009867	563,879	38,307	SH		SOLE		0	0	38,307
ABRDN PLATINUM ETF TRUST	PHYSCL PLATM SHS	003260106	984,226	11,851	SH		SOLE		0	0	11,851
ADVANCED MICRO DEVICES INC	COM	007903107	774,868	6,415	SH		SOLE		0	0	6,415
ADVISORSHARES TR	PURE US CANNABIS	00768Y453	197,659	51,879	SH		SOLE		0	0	51,879
AERCAP HOLDINGS NV	SHS	N00985106	8,149,333	85,155	SH		SOLE		20,000	0	65,155
AEROVIRONMENT INC	COM	008073108	215,446	1,400	SH		SOLE		0	0	1,400
AGNC INVT CORP	COM	00123Q104	8,988,168	975,914	SH		SOLE		150,000	0	825,914
AGNICO EAGLE MINES LTD	COM	008474108	6,638,657	84,882	SH		SOLE		0	0	84,882
ALAMOS GOLD INC NEW	COM CL A	011532108	4,408,459	239,041	SH		SOLE		0	0	239,041
ALBEMARLE CORP	COM	012653101	287,421	3,339	SH		SOLE		0	0	3,339
ALEXANDER & BALDWIN INC NEW	COM	014491104	5,651,982	318,601	SH		SOLE		75,000	0	243,601
ALIBABA GROUP HLDG LTD	SPONSORED ADS	01609W102	7,204,945	84,974	SH		SOLE		20,000	0	64,974
ALLIANCE RESOURCE PARTNERS L	UT LTD PART	01877R108	1,233,132	46,905	SH		SOLE		0	0	46,905
ALLSTATE CORP	COM	020002101	881,629	4,573	SH		SOLE		0	0	4,573
ALPHABET INC	CAP STK CL A	02079K305	9,714,876	51,320	SH		SOLE		0	0	51,320
ALPHABET INC	CAP STK CL C	02079K107	9,599,538	50,407	SH		SOLE		0	0	50,407
ALPS ETF TR	ALERIAN MLP	00162Q452	2,683,331	55,717	SH		SOLE		0	0	55,717
ALTRIA GROUP INC	COM	02209S103	2,766,913	52,915	SH		SOLE		0	0	52,915
AMAZON COM INC	COM	023135106	5,914,535	26,959	SH		SOLE		0	0	26,959
AMENTUM HOLDINGS INC	COM	023939101	208,197	9,900	SH		SOLE		0	0	9,900
AMERICAN ELEC PWR CO INC	COM	025537101	772,795	8,379	SH		SOLE		0	0	8,379
AMERICAN EXPRESS CO	COM	025816109	963,677	3,247	SH		SOLE		0	0	3,247
AMPLIFY ETF TR	AMPLIFY JUNIOR S	032108649	763,380	76,876	SH		SOLE		0	0	76,876
ANHEUSER BUSCH INBEV SA/NV	SPONSORED ADR	03524A108	1,349,286	26,948	SH		SOLE		0	0	26,948
ANNALY CAPITAL MANAGEMENT IN	COM NEW	035710839	528,852	28,899	SH		SOLE		0	0	28,899
ANTERO MIDSTREAM CORP	COM	03676B102	1,041,210	69,000	SH		SOLE		0	0	69,000
ANTERO RESOURCES CORP	COM	03674X106	2,746,518	78,360	SH		SOLE		0	0	78,360
AON PLC	SHS CL A	G0403H108	1,386,717	3,861	SH		SOLE		0	0	3,861
APOLLO GLOBAL MGMT INC	COM	03769M106	280,772	1,700	SH		SOLE		0	0	1,700
APPLE INC	COM	037833100	15,560,937	62,139	SH		SOLE		0	0	62,139
APPLIED DIGITAL CORP	COM NEW	038169207	137,520	18,000	SH		SOLE		0	0	18,000
ARDELYX INC	COM	039697107	2,778,157	547,960	SH		SOLE		135,000	0	412,960
ARIS WATER SOLUTIONS INC	CLASS A COM	04041L106	390,385	16,300	SH		SOLE		0	0	16,300
ARK ETF TR	FINTECH INNOVA	00214Q708	265,648	7,170	SH		SOLE		0	0	7,170
ASA GOLD AND PRECIOUS MTLS L	SHS	G3156P103	626,213	30,970	SH		SOLE		0	0	30,970
ASP ISOTOPES INC	COM	00218A105	160,588	35,450	SH		SOLE		0	0	35,450
ASTRAZENECA PLC	SPONSORED ADR	046353108	380,016	5,800	SH		SOLE		0	0	5,800
AT&T INC	COM	00206R102	539,808	23,707	SH		SOLE		0	0	23,707
ATLAS ENERGY SOLUTIONS INC	COM NEW	642045108	571,135	25,750	SH		SOLE		0	0	25,750
AUTOMATIC DATA PROCESSING IN	COM	053015103	636,980	2,176	SH		SOLE		0	0	2,176
BANCO SANTANDER S.A.	ADR	05964H105	104,880	23,000	SH		SOLE		0	0	23,000
BANCOLOMBIA S A	SPON ADR PREF	05968L102	927,182	29,425	SH		SOLE		0	0	29,425
BANK AMERICA CORP	7.25%CNV PFD L	060505682	326,759	268	SH		SOLE		0	0	268
BANK NEW YORK MELLON CORP	COM	064058100	1,430,267	18,616	SH		SOLE		0	0	18,616
BARNES & NOBLE ED INC	COM NEW	06777U200	373,990	37,250	SH		SOLE		0	0	37,250
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	20,985,504	46,297	SH		SOLE		0	0	46,297
BGC GROUP INC	CL A	088929104	699,885	77,250	SH		SOLE		0	0	77,250
BHP GROUP LTD	SPONSORED ADS	088606108	278,966	5,713	SH		SOLE		0	0	5,713
BIOHAVEN LTD	COM	G1110E107	458,471	12,275	SH		SOLE		0	0	12,275
BITWISE BITCOIN ETF TR	SHS BEN INT	09174C104	1,139,294	22,405	SH		SOLE		0	0	22,405
BLACK STONE MINERALS L P	COM UNIT	09225M101	262,800	18,000	SH		SOLE		0	0	18,000
BLACKROCK INC	COM	09290D101	2,318,799	2,262	SH		SOLE		0	0	2,262
BLACKSTONE INC	COM	09260D107	2,736,995	15,874	SH		SOLE		0	0	15,874
BLACKSTONE MTG TR INC	COM CL A	09257W100	223,423	12,833	SH		SOLE		0	0	12,833
BLOCK INC	NOTE 0.250%11/0	852234AK9	714,450	825,000	PRN		SOLE		0	0	825,000
BOEING CO	COM	097023105	826,590	4,670	SH		SOLE		0	0	4,670
BP PLC	SPONSORED ADR	055622104	305,828	10,346	SH		SOLE		0	0	10,346
BRISTOL-MYERS SQUIBB CO	COM	110122108	1,721,800	30,442	SH		SOLE		0	0	30,442
BRITISH AMERN TOB PLC	SPONSORED ADR	110448107	2,413,064	66,439	SH		SOLE		0	0	66,439
BROADCOM INC	COM	11135F101	231,840	1,000	SH		SOLE		0	0	1,000
BROOKFIELD REAL ASSETS INCOM	SHS BEN INT	112830104	454,265	34,104	SH		SOLE		0	0	34,104
BUILDERS FIRSTSOURCE INC	COM	12008R107	251,557	1,760	SH		SOLE		0	0	1,760
BUNGE GLOBAL SA	COM SHS	H11356104	1,291,205	16,605	SH		SOLE		0	0	16,605
CAESARS ENTERTAINMENT INC NE	COM	12769G100	5,750,914	172,080	SH		SOLE		0	0	172,080
CALUMET INC	COM	131428104	258,735	11,750	SH		SOLE		0	0	11,750
CAMBRIA ETF TR	GLOBAL VALUE ETF	132061409	409,273	19,620	SH		SOLE		0	0	19,620
CAMECO CORP	COM	13321L108	17,927,810	348,858	SH		SOLE		15,000	0	333,858
CANADIAN NATL RY CO	COM	136375102	2,466,693	24,300	SH		SOLE		0	0	24,300
CATERPILLAR INC	COM	149123101	293,890	810	SH		SOLE		0	0	810
CBOE GLOBAL MKTS INC	COM	12503M108	2,093,856	10,716	SH		SOLE		0	0	10,716
CENTENE CORP DEL	COM	15135B101	1,677,339	27,688	SH		SOLE		0	0	27,688
CF INDS HLDGS INC	COM	125269100	9,084,703	106,478	SH		SOLE		18,000	0	88,478
CHAMPIONX CORPORATION	COM	15872M104	1,833,802	67,444	SH		SOLE		0	0	67,444
CHENIERE ENERGY INC	COM NEW	16411R208	1,765,212	8,215	SH		SOLE		0	0	8,215
CHENIERE ENERGY PARTNERS LP	COM UNIT	16411Q101	212,480	4,000	SH		SOLE		0	0	4,000
CHEVRON CORP NEW	COM	166764100	5,585,153	38,561	SH		SOLE		0	0	38,561
CHUBB LIMITED	COM	H1467J104	1,111,585	4,023	SH		SOLE		0	0	4,023
CITIZENS FINL GROUP INC	COM	174610105	647,254	14,791	SH		SOLE		0	0	14,791
CLEARPOINT NEURO INC	COM	18507C103	742,085	48,250	SH		SOLE		0	0	48,250
CLEVELAND-CLIFFS INC NEW	COM	185899101	240,640	25,600	SH		SOLE		0	0	25,600
CLOVER HEALTH INVESTMENTS CO	COM CL A	18914F103	33,075	10,500	SH		SOLE		0	0	10,500
CME GROUP INC	COM	12572Q105	2,457,426	10,582	SH		SOLE		0	0	10,582
CNB FINL CORP PA	COM	126128107	1,822,959	73,329	SH		SOLE		0	0	73,329
COCA COLA CO	COM	191216100	1,509,000	24,237	SH		SOLE		0	0	24,237
COHEN & STEERS INFRASTRUCTUR	COM	19248A109	339,565	14,125	SH		SOLE		0	0	14,125
COMCAST CORP NEW	CL A	20030N101	336,269	8,960	SH		SOLE		0	0	8,960
CONOCOPHILLIPS	COM	20825C104	909,488	9,171	SH		SOLE		0	0	9,171
CONSOL ENERGY INC NEW	COM	20854L108	457,657	4,290	SH		SOLE		0	0	4,290
CONSTELLATION ENERGY CORP	COM	21037T109	6,618,013	29,583	SH		SOLE		0	0	29,583
CORE SCIENTIFIC INC NEW	COM	21874A106	260,276	18,525	SH		SOLE		0	0	18,525
CORPORACION AMER ARPTS S A	COM	L1995B107	583,405	31,265	SH		SOLE		0	0	31,265
COSTCO WHSL CORP NEW	COM	22160K105	687,202	750	SH		SOLE		0	0	750
COTERRA ENERGY INC	COM	127097103	1,274,957	49,920	SH		SOLE		0	0	49,920
COUPANG INC	CL A	22266T109	371,462	16,900	SH		SOLE		0	0	16,900
CVS HEALTH CORP	COM	126650100	205,372	4,575	SH		SOLE		0	0	4,575
DEVON ENERGY CORP NEW	COM	25179M103	5,665,904	173,110	SH		SOLE		0	0	173,110
DHT HOLDINGS INC	SHS NEW	Y2065G121	497,015	53,500	SH		SOLE		0	0	53,500
DIAGEO PLC	SPON ADR NEW	25243Q205	5,093,177	40,063	SH		SOLE		0	0	40,063
DIANA SHIPPING INC	COM	Y2066G104	6,815,663	3,477,379	SH		SOLE		1,150,000	0	2,327,379
DISTRIBUTION SOLUTIONS GRP I	COM	520776105	697,976	20,290	SH		SOLE		0	0	20,290
DIVERSIFIED HEALTHCARE TR	COM SH BEN INT	25525P107	270,595	117,650	SH		SOLE		0	0	117,650
DOLLAR GEN CORP NEW	COM	256677105	7,401,548	97,620	SH		SOLE		30,000	0	67,620
DOLLAR TREE INC	COM	256746108	1,852,142	24,715	SH		SOLE		0	0	24,715
DYADIC INTL INC DEL	COM	26745T101	82,285	47,020	SH		SOLE		0	0	47,020
EATON CORP PLC	SHS	G29183103	3,491,272	10,520	SH		SOLE		0	0	10,520
ELECTROMED INC	COM	285409108	1,098,817	37,185	SH		SOLE		0	0	37,185
ELEVANCE HEALTH INC	COM	036752103	212,117	575	SH		SOLE		0	0	575
ELI LILLY & CO	COM	532457108	531,136	688	SH		SOLE		0	0	688
EMCOR GROUP INC	COM	29084Q100	556,027	1,225	SH		SOLE		0	0	1,225
EMERSON ELEC CO	COM	291011104	1,598,077	12,895	SH		SOLE		0	0	12,895
ENBRIDGE INC	COM	29250N105	882,590	20,803	SH		SOLE		0	0	20,803
ENDAVA PLC	ADS	29260V105	455,466	14,740	SH		SOLE		0	0	14,740
ENERGY TRANSFER L P	COM UT LTD PTN	29273V100	9,053,748	462,162	SH		SOLE		0	0	462,162
ENTERPRISE PRODS PARTNERS L	COM	293792107	5,407,028	172,418	SH		SOLE		0	0	172,418
EOG RES INC	COM	26875P101	3,612,678	29,472	SH		SOLE		0	0	29,472
ETFS GOLD TR	PHYSCL GOLD SHS	00326A104	2,041,199	81,485	SH		SOLE		0	0	81,485
EVERCORE INC	CLASS A	29977A105	372,821	1,345	SH		SOLE		0	0	1,345
EXELON CORP	COM	30161N101	2,837,552	75,387	SH		SOLE		0	0	75,387
EXPAND ENERGY CORPORATION	COM	165167735	476,645	4,788	SH		SOLE		0	0	4,788
EXXON MOBIL CORP	COM	30231G102	13,418,992	124,747	SH		SOLE		0	0	124,747
FEDEX CORP	COM	31428X106	952,583	3,386	SH		SOLE		0	0	3,386
FIRST CTZNS BANCSHARES INC N	CL A	31946M103	895,920	424	SH		SOLE		0	0	424
FIRST TR EXCHANGE-TRADED FD	NAT GAS ETF	33733E807	381,396	15,485	SH		SOLE		0	0	15,485
FLEXSHARES TR	MORNSTAR UPSTR	33939L407	725,200	19,945	SH		SOLE		0	0	19,945
FRANCO NEV CORP	COM	351858105	1,473,403	12,530	SH		SOLE		0	0	12,530
FREEPORT-MCMORAN INC	CL B	35671D857	2,496,144	65,550	SH		SOLE		0	0	65,550
GABELLI EQUITY TR INC	COM	362397101	146,487	27,228	SH		SOLE		0	0	27,228
GARRETT MOTION INC	COM	366505105	1,372,108	151,950	SH		SOLE		0	0	151,950
GE AEROSPACE	COM NEW	369604301	975,221	5,847	SH		SOLE		0	0	5,847
GENCO SHIPPING & TRADING LTD	SHS	Y2685T131	434,928	31,200	SH		SOLE		0	0	31,200
GENERAL DYNAMICS CORP	COM	369550108	579,415	2,199	SH		SOLE		0	0	2,199
GERDAU SA	SPON ADR REP PFD	373737105	74,880	26,000	SH		SOLE		0	0	26,000
GILEAD SCIENCES INC	COM	375558103	462,774	5,010	SH		SOLE		0	0	5,010
GLOBAL X FDS	GLB X MLP ENRG I	37954Y293	334,291	5,520	SH		SOLE		0	0	5,520
GLOBAL X FDS	GLBL X MLP ETF	37954Y343	3,001,608	60,749	SH		SOLE		0	0	60,749
GLOBAL X FDS	GLOBAL X COPPER	37954Y830	462,054	12,102	SH		SOLE		0	0	12,102
GLOBAL X FDS	GLOBAL X SILVER	37954Y848	1,381,963	43,499	SH		SOLE		0	0	43,499
GLOBAL X FDS	US INFR DEV ETF	37954Y673	948,423	23,470	SH		SOLE		0	0	23,470
GOLDMAN SACHS PHYSICAL GOLD	UNIT	38150K103	316,407	12,200	SH		SOLE		0	0	12,200
GRAVITY CO LTD	SPONSORED ADS NE	38911N206	3,174,117	50,295	SH		SOLE		10,000	0	40,295
GRAYSCALE BITCOIN MINI TR ET	SHS NEW	389930207	457,053	10,916	SH		SOLE		0	0	10,916
GRAYSCALE BITCOIN TRUST ETF	SHS REP COM UT	389637109	4,104,927	55,457	SH		SOLE		0	0	55,457
GRUPO AEROPORTUARIO DEL CENT	SPON ADR	400501102	478,421	6,970	SH		SOLE		0	0	6,970
GXO LOGISTICS INCORPORATED	COMMON STOCK	36262G101	1,222,350	28,100	SH		SOLE		0	0	28,100
HALLADOR ENERGY COMPANY	COM	40609P105	1,499,377	130,950	SH		SOLE		0	0	130,950
HECLA MNG CO	COM	422704106	997,727	203,203	SH		SOLE		0	0	203,203
HEICO CORP NEW	COM	422806109	202,079	850	SH		SOLE		0	0	850
HERBALIFE LTD	COM SHS	G4412G101	3,245,018	485,055	SH		SOLE		200,000	0	285,055
HIGHPEAK ENERGY INC	COM	43114Q105	236,670	16,100	SH		SOLE		0	0	16,100
HOME DEPOT INC	COM	437076102	1,171,958	3,013	SH		SOLE		0	0	3,013
HONEYWELL INTL INC	COM	438516106	358,036	1,585	SH		SOLE		0	0	1,585
HUMANA INC	COM	444859102	8,520,597	33,584	SH		SOLE		6,500	0	27,084
IDEX CORP	COM	45167R104	470,902	2,250	SH		SOLE		0	0	2,250
ILLINOIS TOOL WKS INC	COM	452308109	297,679	1,174	SH		SOLE		0	0	1,174
INHIBRX BIOSCIENCES INC	COM	45720N103	273,350	17,750	SH		SOLE		0	0	17,750
INMUNE BIO INC	COM	45782T105	389,244	83,350	SH		SOLE		0	0	83,350
INNOVATIVE SOLUTIONS & SUPPO	COM	45769N105	589,473	69,025	SH		SOLE		0	0	69,025
INTERNATIONAL BUSINESS MACHS	COM	459200101	676,637	3,078	SH		SOLE		0	0	3,078
INVESCO CURRENCYSHARES JAPAN	JAPANESE YEN	46138W107	1,405,942	23,984	SH		SOLE		0	0	23,984
INVESCO DB MULTI-SECTOR COMM	AGRICULTURE FD	46140H106	762,867	28,690	SH		SOLE		0	0	28,690
INVESCO EXCH TRADED FD TR II	VAR RATE PFD	46138G870	772,508	31,935	SH		SOLE		0	0	31,935
IOVANCE BIOTHERAPEUTICS INC	COM	462260100	207,570	28,050	SH		SOLE		0	0	28,050
IREN LIMITED	ORDINARY SHARES	Q4982L109	705,812	71,875	SH		SOLE		0	0	71,875
ISHARES BITCOIN TRUST ETF	SHS BEN INT	46438F101	8,592,296	161,966	SH		SOLE		25,000	0	136,966
ISHARES ETHEREUM TR	SHS	46438R105	1,404,733	55,545	SH		SOLE		0	0	55,545
ISHARES GOLD TR	ISHARES NEW	464285204	4,703,103	94,993	SH		SOLE		0	0	94,993
ISHARES INC	MSCI AUST ETF	464286103	616,423	25,835	SH		SOLE		0	0	25,835
ISHARES INC	MSCI BRAZIL ETF	464286400	3,049,563	135,476	SH		SOLE		0	0	135,476
ISHARES INC	MSCI EMRG CHN	46434G764	4,284,566	77,269	SH		SOLE		0	0	77,269
ISHARES INC	MSCI HONG KG ETF	464286871	931,127	55,890	SH		SOLE		0	0	55,890
ISHARES INC	MSCI JPN ETF NEW	46434G822	328,119	4,890	SH		SOLE		0	0	4,890
ISHARES INC	MSCI MEXICO ETF	464286822	2,131,715	45,530	SH		SOLE		0	0	45,530
ISHARES INC	MSCI STH KOR ETF	464286772	1,142,328	22,447	SH		SOLE		0	0	22,447
ISHARES INC	MSCI WORLD ETF	464286392	1,368,400	8,800	SH		SOLE		0	0	8,800
ISHARES SILVER TR	ISHARES	46428Q109	1,428,797	54,265	SH		SOLE		0	0	54,265
ISHARES TR	CHINA LG-CAP ETF	464287184	1,363,864	44,805	SH		SOLE		0	0	44,805
ISHARES TR	CORE S&P500 ETF	464287200	312,313	531	SH		SOLE		0	0	531
ISHARES TR	ISHS 1-5YR INVS	464288646	762,058	14,740	SH		SOLE		0	0	14,740
ISHARES TR	LATN AMER 40 ETF	464287390	853,755	40,830	SH		SOLE		0	0	40,830
ISHARES TR	MSCI INDIA ETF	46429B598	3,391,174	64,422	SH		SOLE		0	0	64,422
ISHARES TR	MSCI INDONIA ETF	46429B309	241,903	13,090	SH		SOLE		0	0	13,090
ISHARES TR	TIPS BD ETF	464287176	890,332	8,356	SH		SOLE		0	0	8,356
ISHARES TR	U.S. ENERGY ETF	464287796	240,382	5,275	SH		SOLE		0	0	5,275
ISHARES TR	US AER DEF ETF	464288760	673,552	4,634	SH		SOLE		0	0	4,634
ISHARES TR	US HOME CONS ETF	464288752	206,780	2,000	SH		SOLE		0	0	2,000
ITAU UNIBANCO HLDG S A	SPON ADR REP PFD	465562106	147,560	29,750	SH		SOLE		0	0	29,750
ITURAN LOCATION AND CONTROL	SHS	M6158M104	7,061,215	226,684	SH		SOLE		52,500	0	174,184
JAPAN SMALLER CAPITALIZATION	COM	47109U104	123,633	16,119	SH		SOLE		0	0	16,119
JD.COM INC	SPON ADS CL A	47215P106	490,580	14,150	SH		SOLE		0	0	14,150
JOHNSON & JOHNSON	COM	478160104	3,422,329	23,664	SH		SOLE		0	0	23,664
JPMORGAN CHASE & CO.	COM	46625H100	3,497,819	14,592	SH		SOLE		0	0	14,592
KRANESHARES TRUST	CALIFORNIA CARB	500767553	232,105	11,830	SH		SOLE		0	0	11,830
KRANESHARES TRUST	CSI CHI INTERNET	500767306	4,144,770	141,750	SH		SOLE		0	0	141,750
KRANESHARES TRUST	QUADRTC INT RT	500767736	2,799,940	157,832	SH		SOLE		0	0	157,832
LANDBRIDGE COMPANY LLC	CL A	514952100	834,955	12,925	SH		SOLE		0	0	12,925
LAS VEGAS SANDS CORP	COM	517834107	935,779	18,220	SH		SOLE		0	0	18,220
LAUDER ESTEE COS INC	CL A	518439104	8,444,997	112,630	SH		SOLE		30,000	0	82,630
LINDE PLC	SHS	G54950103	355,451	849	SH		SOLE		0	0	849
LIONSGATE STUDIOS CORP	COM	53626M104	665,000	87,500	SH		SOLE		0	0	87,500
LISTED FD TR	HORIZON KINETICS	53656F623	2,298,356	60,356	SH		SOLE		0	0	60,356
LOCKHEED MARTIN CORP	COM	539830109	449,494	925	SH		SOLE		0	0	925
LOWES COS INC	COM	548661107	201,636	817	SH		SOLE		0	0	817
LSB INDS INC	COM	502160104	966,738	127,370	SH		SOLE		0	0	127,370
LUMENTUM HLDGS INC	NOTE 0.500%12/1	55024UAD1	2,196,000	2,000,000	PRN		SOLE		2,000,000	0	0
LYONDELLBASELL INDUSTRIES N	SHS - A -	N53745100	2,530,899	34,077	SH		SOLE		0	0	34,077
MAG SILVER CORP	COM	55903Q104	1,124,720	82,700	SH		SOLE		0	0	82,700
MANULIFE FINL CORP	COM	56501R106	341,618	11,124	SH		SOLE		0	0	11,124
MARTIN MARIETTA MATLS INC	COM	573284106	255,667	495	SH		SOLE		0	0	495
MCDONALDS CORP	COM	580135101	2,116,364	7,301	SH		SOLE		0	0	7,301
MEDTRONIC PLC	SHS	G5960L103	5,639,288	70,597	SH		SOLE		15,000	0	55,597
MERCK & CO INC	COM	58933Y105	5,009,617	50,358	SH		SOLE		0	0	50,358
META PLATFORMS INC	CL A	30303M102	1,751,846	2,992	SH		SOLE		0	0	2,992
MICROSOFT CORP	COM	594918104	9,748,658	23,128	SH		SOLE		0	0	23,128
MITSUBISHI UFJ FINL GROUP IN	SPONSORED ADS	606822104	3,050,423	260,275	SH		SOLE		0	0	260,275
MORGAN STANLEY	COM NEW	617446448	206,809	1,645	SH		SOLE		0	0	1,645
MORGAN STANLEY EMERGING MKTS	COM	617477104	584,525	128,750	SH		SOLE		0	0	128,750
MORGAN STANLEY EMKT DBT FD I	COM	61744H105	83,160	10,800	SH		SOLE		0	0	10,800
MOSAIC CO NEW	COM	61945C103	7,638,266	310,751	SH		SOLE		85,000	0	225,751
MP MATERIALS CORP	COM CL A	553368101	3,672,240	235,400	SH		SOLE		0	0	235,400
MPLX LP	COM UNIT REP LTD	55336V100	1,654,281	34,565	SH		SOLE		0	0	34,565
NATIONAL PRESTO INDS INC	COM	637215104	2,817,272	28,625	SH		SOLE		0	0	28,625
NATURAL RESOURCE PARTNERS L	COM UNIT LTD PAR	63900P608	2,195,025	19,775	SH		SOLE		0	0	19,775
NAVIOS MARITIME PARTNERS L P	COM UNIT LPI	Y62267409	1,085,497	25,075	SH		SOLE		0	0	25,075
NEBIUS GROUP N.V.	SHS CLASS A	N97284108	1,951,742	70,460	SH		SOLE		0	0	70,460
NEW GOLD INC CDA	COM	644535106	1,219,540	491,750	SH		SOLE		0	0	491,750
NEWMONT CORP	COM	651639106	659,227	17,712	SH		SOLE		0	0	17,712
NEXGEN ENERGY LTD	COM	65340P106	1,056,116	160,200	SH		SOLE		0	0	160,200
NEXTERA ENERGY INC	COM	65339F101	800,706	11,169	SH		SOLE		0	0	11,169
NEXTERA ENERGY PARTNERS LP	COM UNIT PART IN	65341B106	514,865	28,925	SH		SOLE		0	0	28,925
NIKE INC	CL B	654106103	539,981	7,136	SH		SOLE		0	0	7,136
NOKIA CORP	SPONSORED ADR	654902204	44,309	10,002	SH		SOLE		0	0	10,002
NORFOLK SOUTHN CORP	COM	655844108	220,383	939	SH		SOLE		0	0	939
NOVARTIS AG	SPONSORED ADR	66987V109	3,517,756	36,150	SH		SOLE		0	0	36,150
NRG ENERGY INC	COM NEW	629377508	201,642	2,235	SH		SOLE		0	0	2,235
NUTRIEN LTD	COM	67077M108	790,653	17,677	SH		SOLE		0	0	17,677
NVIDIA CORPORATION	COM	67066G104	1,425,198	10,613	SH		SOLE		0	0	10,613
OCCIDENTAL PETE CORP	COM	674599105	1,628,554	32,960	SH		SOLE		0	0	32,960
ORACLE CORP	COM	68389X105	390,771	2,345	SH		SOLE		0	0	2,345
OSISKO DEVELOPMENT CORP	COM NEW	68828E809	126,113	77,500	SH		SOLE		0	0	77,500
PALANTIR TECHNOLOGIES INC	CL A	69608A108	487,813	6,450	SH		SOLE		0	0	6,450
PARKER-HANNIFIN CORP	COM	701094104	254,412	400	SH		SOLE		0	0	400
PAYSAFE LIMITED	SHS	G6964L206	215,460	12,600	SH		SOLE		0	0	12,600
PDD HOLDINGS INC	SPONSORED ADS	722304102	299,214	3,085	SH		SOLE		0	0	3,085
PEABODY ENERGY CORP	COM	704551100	320,403	15,301	SH		SOLE		0	0	15,301
PEAKSTONE REALTY TRUST	COMMON SHARES	39818P799	314,388	28,400	SH		SOLE		0	0	28,400
PEPSICO INC	COM	713448108	4,339,978	28,541	SH		SOLE		0	0	28,541
PERMIAN BASIN RTY TR	UNIT BEN INT	714236106	144,040	13,000	SH		SOLE		0	0	13,000
PETROLEO BRASILEIRO SA PETRO	SPONSORED ADR	71654V408	319,597	24,852	SH		SOLE		0	0	24,852
PFIZER INC	COM	717081103	580,874	21,895	SH		SOLE		0	0	21,895
PHILIP MORRIS INTL INC	COM	718172109	3,797,380	31,553	SH		SOLE		0	0	31,553
PITNEY BOWES INC	COM	724479100	597,662	82,550	SH		SOLE		0	0	82,550
POSTAL REALTY TRUST INC	CL A	73757R102	193,792	14,850	SH		SOLE		0	0	14,850
PRIORITY TECHNOLOGY HLDGS IN	COM	74275G107	801,056	68,175	SH		SOLE		0	0	68,175
PROCTER AND GAMBLE CO	COM	742718109	1,020,150	6,085	SH		SOLE		0	0	6,085
PUBLIC STORAGE OPER CO	COM	74460D109	1,014,203	3,387	SH		SOLE		0	0	3,387
QUALCOMM INC	COM	747525103	553,032	3,600	SH		SOLE		0	0	3,600
RANGE RES CORP	COM	75281A109	1,730,962	48,109	SH		SOLE		0	0	48,109
RED CAT HLDGS INC	COM	75644T100	417,625	32,500	SH		SOLE		0	0	32,500
REMITLY GLOBAL INC	COM	75960P104	815,341	36,125	SH		SOLE		0	0	36,125
ROIVANT SCIENCES LTD	SHS	G76279101	325,916	27,550	SH		SOLE		0	0	27,550
RTX CORPORATION	COM	75513E101	1,141,925	9,868	SH		SOLE		0	0	9,868
S&P GLOBAL INC	COM	78409V104	396,930	797	SH		SOLE		0	0	797
SABLE OFFSHORE CORP	COM SHS	78574H104	696,160	30,400	SH		SOLE		0	0	30,400
SANOFI	SPONSORED ADR	80105N105	475,644	9,862	SH		SOLE		0	0	9,862
SCHLUMBERGER LTD	COM STK	806857108	676,832	17,653	SH		SOLE		0	0	17,653
SELECT SECTOR SPDR TR	ENERGY	81369Y506	4,745,564	55,400	SH		SOLE		0	0	55,400
SELECT SECTOR SPDR TR	FINANCIAL	81369Y605	287,080	5,940	SH		SOLE		0	0	5,940
SELECT SECTOR SPDR TR	INDL	81369Y704	487,644	3,701	SH		SOLE		0	0	3,701
SELECT SECTOR SPDR TR	SBI HEALTHCARE	81369Y209	224,927	1,635	SH		SOLE		0	0	1,635
SHELL PLC	SPON ADS	780259305	226,354	3,613	SH		SOLE		0	0	3,613
SILVERCREST METALS INC	COM	828363101	1,243,060	136,600	SH		SOLE		0	0	136,600
SIMON PPTY GROUP INC NEW	COM	828806109	777,528	4,515	SH		SOLE		0	0	4,515
SIMPLIFY EXCHANGE TRADED FUN	ENHANCED INM ETF	82889N632	662,516	28,780	SH		SOLE		0	0	28,780
SIMPLIFY EXCHANGE TRADED FUN	HEALTH CARE ETF	82889N772	256,856	8,660	SH		SOLE		0	0	8,660
SIMPLIFY EXCHANGE TRADED FUN	MBS ETF	82889N525	7,879,095	158,565	SH		SOLE		0	0	158,565
SIMPLIFY EXCHANGE TRADED FUN	SHORT TERM TREA	82889N657	2,301,012	108,436	SH		SOLE		0	0	108,436
SIMPLIFY EXCHANGE TRADED FUN	SIMPLIFY INTERST	82889N855	5,637,280	107,705	SH		SOLE		15,000	0	92,705
SKEENA RES LTD NEW	COM	83056P715	408,553	47,000	SH		SOLE		0	0	47,000
SLR INVESTMENT CORP	COM	83413U100	1,492,134	92,335	SH		SOLE		0	0	92,335
SM ENERGY CO	COM	78454L100	6,687,069	172,525	SH		SOLE		0	0	172,525
SONY GROUP CORP	SPONSORED ADR	835699307	6,496,480	307,017	SH		SOLE		35,000	0	272,017
SOUNDHOUND AI INC	CLASS A COM	836100107	198,400	10,000	SH		SOLE		0	0	10,000
SPDR S&P 500 ETF TR	TR UNIT	78462F103	1,301,133	2,220	SH		SOLE		0	0	2,220
SPDR SER TR	BLOOMBERG 1-3 MO	78468R663	680,239	7,440	SH		SOLE		0	0	7,440
SPDR SER TR	BLOOMBERG 3-12 M	78468R523	711,897	7,180	SH		SOLE		0	0	7,180
SPDR SER TR	S&P BIOTECH	78464A870	284,139	3,155	SH		SOLE		0	0	3,155
SPDR SER TR	S&P METALS MNG	78464A755	1,661,640	29,280	SH		SOLE		0	0	29,280
SPDR SER TR	S&P OILGAS EXP	78468R556	570,250	4,308	SH		SOLE		0	0	4,308
SPROTT ETF TRUST	GOLD MINERS ETF	85210B102	1,016,427	36,614	SH		SOLE		0	0	36,614
SPROTT FDS TR	URANIUM MINERS E	85208P303	332,759	8,255	SH		SOLE		0	0	8,255
SPROTT PHYSICAL GOLD & SILVE	TR UNIT	85208R101	10,659,607	448,637	SH		SOLE		0	0	448,637
SPROTT PHYSICAL GOLD TR	UNIT	85207H104	84,523,310	4,196,788	SH		SOLE		250,000	0	3,946,788
SPROTT PHYSICAL SILVER TR	TR UNIT	85207K107	7,303,892	756,880	SH		SOLE		0	0	756,880
SPROUTS FMRS MKT INC	COM	85208M102	1,348,848	10,615	SH		SOLE		0	0	10,615
SS&C TECHNOLOGIES HLDGS INC	COM	78467J100	5,032,550	66,410	SH		SOLE		14,000	0	52,410
STANLEY BLACK & DECKER INC	COM	854502101	6,505,880	81,030	SH		SOLE		15,000	0	66,030
STARBUCKS CORP	COM	855244109	580,579	6,363	SH		SOLE		0	0	6,363
SUMITOMO MITSUI FINL GROUP I	SPONSORED ADR	86562M209	1,435,959	99,100	SH		SOLE		0	0	99,100
SUMMIT MIDSTREAM CORPORATION	COM	86614G101	1,395,026	36,925	SH		SOLE		0	0	36,925
SUNCOR ENERGY INC NEW	COM	867224107	6,302,123	176,629	SH		SOLE		0	0	176,629
SYNOVUS FINL CORP	COM NEW	87161C501	201,334	3,930	SH		SOLE		0	0	3,930
TAIWAN SEMICONDUCTOR MFG LTD	SPONSORED ADS	874039100	869,943	4,405	SH		SOLE		0	0	4,405
TECK RESOURCES LTD	CL B	878742204	3,405,911	84,034	SH		SOLE		0	0	84,034
TEMPLETON EMERGING MKTS INCO	COM	880192109	67,844	13,225	SH		SOLE		0	0	13,225
TESLA INC	COM	88160R101	380,417	942	SH		SOLE		0	0	942
TIDEWATER INC NEW	COM	88642R109	1,474,927	26,959	SH		SOLE		0	0	26,959
TKO GROUP HOLDINGS INC	CL A	87256C101	441,962	3,110	SH		SOLE		0	0	3,110
TRANSOCEAN LTD	REGISTERED SHS	H8817H100	99,397	26,506	SH		SOLE		0	0	26,506
TURNING PT BRANDS INC	COM	90041L105	1,814,419	30,190	SH		SOLE		0	0	30,190
UNION PAC CORP	COM	907818108	964,153	4,228	SH		SOLE		0	0	4,228
UNITED NAT FOODS INC	COM	911163103	516,159	18,900	SH		SOLE		0	0	18,900
UNITED STS COMMODITY INDEX F	COMM IDX FND	911717106	1,786,870	27,082	SH		SOLE		0	0	27,082
UNITEDHEALTH GROUP INC	COM	91324P102	1,562,976	3,090	SH		SOLE		0	0	3,090
US BANCORP DEL	COM NEW	902973304	318,978	6,669	SH		SOLE		0	0	6,669
V F CORP	COM	918204108	4,886,120	227,685	SH		SOLE		60,000	0	167,685
VALARIS LTD	CL A	G9460G101	668,024	15,100	SH		SOLE		0	0	15,100
VALE S A	SPONSORED ADS	91912E105	434,754	49,014	SH		SOLE		0	0	49,014
VALERO ENERGY CORP	COM	91913Y100	693,859	5,660	SH		SOLE		0	0	5,660
VANECK ETF TRUST	GOLD MINERS ETF	92189F106	7,882,041	232,440	SH		SOLE		0	0	232,440
VANECK ETF TRUST	JP MRGAN EM LOC	92189H300	5,499,371	237,965	SH		SOLE		0	0	237,965
VANECK ETF TRUST	JUNIOR GOLD MINE	92189F791	963,799	22,545	SH		SOLE		0	0	22,545
VANECK ETF TRUST	MRNGSTR WDE MOAT	92189F643	574,431	6,195	SH		SOLE		0	0	6,195
VANECK ETF TRUST	OIL SERVICES ETF	92189H607	248,175	915	SH		SOLE		0	0	915
VANECK MERK GOLD ETF	GOLD SHS	921078101	8,911,292	352,225	SH		SOLE		50,000	0	302,225
VANGUARD INDEX FDS	GROWTH ETF	922908736	1,025,690	2,499	SH		SOLE		0	0	2,499
VANGUARD INDEX FDS	SM CP VAL ETF	922908611	686,892	3,466	SH		SOLE		0	0	3,466
VANGUARD INDEX FDS	SMALL CP ETF	922908751	211,927	882	SH		SOLE		0	0	882
VANGUARD INDEX FDS	TOTAL STK MKT	922908769	2,050,696	7,076	SH		SOLE		0	0	7,076
VANGUARD INDEX FDS	VALUE ETF	922908744	734,034	4,336	SH		SOLE		0	0	4,336
VANGUARD INTL EQUITY INDEX F	FTSE EMR MKT ETF	922042858	1,602,527	36,388	SH		SOLE		0	0	36,388
VANGUARD MALVERN FDS	STRM INFPROIDX	922020805	1,377,555	28,450	SH		SOLE		0	0	28,450
VANGUARD SCOTTSDALE FDS	INT-TERM CORP	92206C870	459,867	5,729	SH		SOLE		0	0	5,729
VANGUARD SCOTTSDALE FDS	SHRT TRM CORP BD	92206C409	929,255	11,912	SH		SOLE		0	0	11,912
VANGUARD SPECIALIZED FUNDS	DIV APP ETF	921908844	2,496,648	12,749	SH		SOLE		0	0	12,749
VANGUARD WHITEHALL FDS	HIGH DIV YLD	921946406	3,272,695	25,650	SH		SOLE		0	0	25,650
VERIZON COMMUNICATIONS INC	COM	92343V104	1,294,200	32,363	SH		SOLE		0	0	32,363
VIATRIS INC	COM	92556V106	748,743	60,140	SH		SOLE		0	0	60,140
VISA INC	COM CL A	92826C839	1,754,022	5,550	SH		SOLE		0	0	5,550
VISTRA CORP	COM	92840M102	868,581	6,300	SH		SOLE		0	0	6,300
WALMART INC	COM	931142103	5,953,823	65,897	SH		SOLE		0	0	65,897
WARNER BROS DISCOVERY INC	COM SER A	934423104	1,357,949	128,472	SH		SOLE		0	0	128,472
WARRIOR MET COAL INC	COM	93627C101	684,780	12,625	SH		SOLE		0	0	12,625
WASTE MGMT INC DEL	COM	94106L109	1,162,714	5,762	SH		SOLE		0	0	5,762
WELLS FARGO CO NEW	PERP PFD CNV A	949746804	524,302	439	SH		SOLE		0	0	439
WESCO INTL INC	COM	95082P105	10,919,850	60,344	SH		SOLE		7,000	0	53,344
WESTERN ASSET EMERGING MKTS	COM	95766A101	105,791	10,997	SH		SOLE		0	0	10,997
WESTERN ASSET HIGH INCOME OP	COM	95766K109	58,451	14,873	SH		SOLE		0	0	14,873
WESTERN DIGITAL CORP	COM	958102105	789,382	13,238	SH		SOLE		0	0	13,238
WESTERN MIDSTREAM PARTNERS L	COM UNIT LP INT	958669103	2,749,666	71,550	SH		SOLE		0	0	71,550
WESTROCK COFFEE CO	COM	96145W103	189,390	29,500	SH		SOLE		0	0	29,500
WHEATON PRECIOUS METALS CORP	COM	962879102	815,310	14,497	SH		SOLE		0	0	14,497
WIDEOPENWEST INC	COM	96758W101	542,252	109,325	SH		SOLE		0	0	109,325
WILLIS LEASE FIN CORP	COM	970646105	6,180,009	29,776	SH		SOLE		7,000	0	22,776
WILLIS TOWERS WATSON PLC LTD	SHS	G96629103	505,256	1,613	SH		SOLE		0	0	1,613
WINTRUST FINL CORP	COM	97650W108	717,082	5,750	SH		SOLE		0	0	5,750
YUM CHINA HLDGS INC	COM	98850P109	699,669	14,525	SH		SOLE		0	0	14,525
ZEBRA TECHNOLOGIES CORPORATI	CL A	989207105	747,336	1,935	SH		SOLE		0	0	1,935