| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| EQUITIES | 0 | 0 |
| APPLE INC | 22,303 | 28,051 |
| ARRIS GROUP INC NEW | 6,736 | 7,302 |
| CENTRAL FD CDA LTD CLA F | 25,209 | 13,250 |
| COEUR MINING INC | 20,850 | 13,020 |
| DOW CHEMICAL COMPANY | 12,952 | 13,320 |
| EPL OIL & GAS INC | 7,649 | 5,700 |
| EATON CORP PLC | 7,469 | 7,612 |
| EDWARDS LIFESCIENCES CP | 13,132 | 13,152 |
| ENDEAVOUR SILVER CORP | 42,968 | 14,520 |
| EXONE COMPANY | 6,949 | 6,046 |
| FIRST MAJESTY SILVER F | 44,426 | 19,600 |
| FRESH MARKET | 10,465 | 8,100 |
| GOLD FIELDS LTD NEW ADRF | 54,215 | 11,200 |
| KODIAK OIL & GAS CORP F | 13,217 | 22,420 |
| LAREDO PETE HLDGS INC | 6,355 | 5,538 |
| LITHIA MOTORS INC CL A | 7,041 | 6,942 |
| MCEWEN MINING INC | 28,500 | 6,860 |
| MELCO CROWN ENTMT ADR F | 6,787 | 7,844 |
| MURPHY OIL CORP HLDG | 14,258 | 12,978 |
| MURPHY USA INC | 17,119 | 2,078 |
| NEW GOLD INC | 20,217 | 10,480 |
| NORTHERN OIL AND GAS INC | 23,485 | 15,070 |
| NXP SEMICONDUCTORS NV F | 4,405 | 4,593 |
| OASIS PETROLEUM INC | 5,073 | 4,697 |
| PAN AMERICAN SILVER CP F | 16,714 | 11,700 |
| PARKER DRILLING CO | 12,646 | 16,260 |
| RARE ELEMENT RESOURCES F | 27,046 | 3,100 |
| SANCHEZ ENERGY GROUP | 13,913 | 12,255 |
| SEABRIDGE GOLD INC | 23,796 | 7,300 |
| SIBANYE GOLD LTD ADR | 0 | 4,209 |
| SIERRA WIRELESS INC | 9,881 | 12,085 |
| SILVER SPRING NETWORKS | 8,148 | 10,500 |
| SPIRIT AIRLINES | 8,128 | 9,082 |
| SPROTT PHYS SILVER TR F | 87,171 | 35,556 |
| SPROTT PHYSICAL GOLD TRF | 70,467 | 59,760 |
| SPROUTS FARMERS MARKET | 12,499 | 11,529 |
| SWIFT ENERGY COMPANY | 46,110 | 17,550 |
| TITAN MACHINERY INC | 29,964 | 17,820 |
| US SILICA HLDGS INC | 5,886 | 6,822 |
| UNION PACIFIC CORP | 16,457 | 16,800 |
| WHOLE FOODS MARKET INC | 11,039 | 11,565 |
| YAHOO INC | 11,712 | 12,132 |
| YAMANA GOLD INC | 34,329 | 31,893 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| SPDR S&P 500 ETF TR | AT COST | 9,089 | 9,235 |
| SPDR DOW JONES INDL AVG | AT COST | 8,564 | 8,274 |
| PROSH ULTSHRT NEW | AT COST | 26,527 | 15,280 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FAEGRE BAKER DANIELS | 225 | 0 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT FEES | 8,634 | 8,634 | 0 | |
| FILING FEE | 10 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES | 366 | 366 | 0 |