Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
MSFT	MICROSOFT CORP	25,867	$9.727M	9.9%	$376.04	$51.56	+618.6%	COM	594918104
—	PETROLEO BRASILEIRO SPONSORED	253,931	$4.055M	4.1%	$15.97	$8.73	—	ADR	71654v408
—	RANGE RESOURCES CORP	131,850	$4.014M	4.1%	$30.44	$19.62	—	COM	75281a109
INTC	INTEL CORP	76,469	$3.843M	3.9%	$50.26	$35.48	+39.8%	COM	458140100
PAAS	PAN AMERICAN SILVER CORP	209,772	$3.426M	3.5%	$16.33	$14.39	+13.5%	COM	697900108
NEM	NEWMONT CORP	82,668	$3.422M	3.5%	$41.39 *	$25.69	+54.6%	COM	651639106
—	BUNGE GLOBAL SA F	31,733	$3.203M	3.3%	$100.94	$58.79	—	COM	g16962105
—	M & T BANK CORP	22,853	$3.133M	3.2%	$137.09	$161.94	—	COM	55261f104
—	BANCO BILBAO VIZCAYA A SPONSOR	343,276	$3.127M	3.2%	$9.11	$7.57	—	ADR	05946k101
CX	CEMEX SAB DE CV SPONSORED ADR	399,220	$3.094M	3.2%	$7.75	$5.08	+52.5%	ADR	151290889
—	NUTRIEN LTD	52,813	$2.976M	3.0%	$56.35	$48.63	—	COM	67077m108
—	INTERNATIONAL SEAWAYS INC	65,004	$2.956M	3.0%	$45.47	$14.91	—	COM	y41053102
—	ISHARES SILVER TRUST ETF	132,099	$2.877M	2.9%	$21.78	$14.63	—	ISHARES	46428q109
AU	ANGLOGOLD ASHANTI PLC F	136,103	$2.544M	2.6%	$18.69 *	$17.36	+0.0%	COM	G0378L100
—	TELEFONICA BRASIL S. F SPONSOR	229,872	$2.515M	2.6%	$10.94	$8.79	—	ADR	87936r205
AMGN	AMGEN INC.	8,490	$2.445M	2.5%	$287.99 *	$144.43	+87.5%	COM	031162100
HL	HECLA MINING CO	494,920	$2.381M	2.4%	$4.81	$3.44	+38.6%	COM	422704106
—	ENEL CHILE S A SPONSORED ADR	695,267	$2.253M	2.3%	$3.24	$2.89	—	ADR	29278d105
—	PROSHARES SHORT S&P500	169,984	$2.208M	2.3%	$12.99	$22.24	—	COM	74347b425
—	DRILL-QUIP INC	87,946	$2.047M	2.1%	$23.28	$23.28	—	COM	262037104
—	DIANA SHIPPING INC	679,021	$2.017M	2.1%	$2.97	$2.65	—	COM	y2066g104
FLR	FLUOR CORP	50,638	$1.983M	2.0%	$39.16	$38.73	+1.1%	COM	343412102
—	PROSHARES SHORT QQQ ETF	200,644	$1.902M	1.9%	$9.48	$13.34	—	COM	74347b714
—	SCHNITZER STL INDS CLASS A	62,574	$1.887M	1.9%	$30.16	$30.16	—	COM	806882106
—	LAZARD INC	52,641	$1.832M	1.9%	$34.80	$45.47	—	COM	g54050102
TPC	TUTOR PERINI CORP	197,646	$1.799M	1.8%	$9.10	$10.76	-15.5%	COM	901109108
—	DOLE PLC	135,937	$1.671M	1.7%	$12.29	$13.07	—	COM	g27907107
HTLD	HEARTLAND EXPRESS	110,227	$1.572M	1.6%	$14.26	$17.49	-18.4%	COM	422347104
AA	ALCOA CORP	40,810	$1.388M	1.4%	$34.01 *	$23.61	+40.6%	COM	013872106
NOK	NOKIA CORP SPONSORED ADR	398,522	$1.363M	1.4%	$3.42	$4.99	-31.5%	ADR	654902204
AAPL	APPLE INC	6,847	$1.318M	1.3%	$192.49	$103.72	+83.9%	COM	037833100
SWBI	SMITH & WESSON BRANDS INC	87,842	$1.191M	1.2%	$13.56	$13.16	+3.1%	COM	831754106
MCD	MCDONALDS CORP	3,188	$945K	1.0%	$296.42 *	$136.64	+107.0%	COM	580135101
PEP	PEPSICO INC	3,727	$633K	0.6%	$169.84 *	$89.25	+77.3%	COM	713448108
JNJ	JOHNSON & JOHNSON	3,581	$561K	0.6%	$156.66 *	$113.37	+30.0%	COM	478160104
—	MERCK & CO. INC.	5,100	$556K	0.6%	$109.02	$54.79	—	COM	58933y105
—	1/100 BERKSHIRE HTWY CLA 100 S	100	$543K	0.6%	$5430.00	$4700.00	—	COM	084990175
—	UNITEDHEALTH GRP INC	1,025	$540K	0.6%	$526.83	$220.46	—	COM	91324p102
PG	PROCTER & GAMBLE	3,685	$540K	0.6%	$146.54 *	$67.87	+105.3%	COM	742718109
SCHX	SCHWAB US LARGE CAP ETF	7,279	$411K	0.4%	$56.46 *	$14.32	+31.3%	COM	808524201
—	ABBVIE INC	2,599	$403K	0.4%	$155.06	$101.45	—	COM	00287y109
BKUTK	BANK OF UTICA N Y	1,000	$370K	0.4%	$370.00 *	$267.19	+26.0%	COM	065437204
CVX	CHEVRON CORP	2,458	$367K	0.4%	$149.31 *	$80.94	+68.8%	COM	166764100
AMZN	AMAZON.COM INC	2,340	$356K	0.4%	$152.14	$124.05	+22.5%	COM	023135106
BA	BOEING CO	1,344	$350K	0.4%	$260.42	$163.57	+59.4%	COM	097023105
SYY	SYSCO CORP	4,781	$350K	0.4%	$73.21 *	$49.25	+39.6%	COM	871829107
CVS	CVS HEALTH CORP	4,125	$326K	0.3%	$79.03 *	$54.56	+33.2%	COM	126650100
BRT	BRT APARTMENTS CORP	17,500	$325K	0.3%	$18.57	$7.00	—	COM	055645303
—	AMERISERV FINANCIAL INC	100,000	$323K	0.3%	$3.23	$4.15	—	COM	03074a102
—	SPDR GOLD SHARES ETF	1,600	$306K	0.3%	$191.25	$118.23	—	COM	78463v107
—	VANGUARD INFORMATION TECHNOLOG	619	$300K	0.3%	$484.65	$422.31	—	COM	92204a702
ABT	ABBOTT LABORATORIES	2,689	$296K	0.3%	$110.08 *	$96.66	+9.6%	COM	002824100
—	ORACLE CORP	2,736	$288K	0.3%	$105.26	$81.87	—	COM	68389x105
—	EXXON MOBIL CORP	2,860	$286K	0.3%	$100.00	$59.54	—	COM	30231g102
TMO	THERMO FISHER SCIENTIFIC INC	530	$281K	0.3%	$530.19	$333.60	+58.1%	COM	883556102
—	TOTALENERGIES SE	3,968	$267K	0.3%	$67.29	$49.67	—	ADR	89151e109
—	WALGREENS BOOTS ALLIANCE INC	10,189	$266K	0.3%	$26.11	$65.46	—	COM	931427108
—	C3 AI INC CLASS A	9,109	$262K	0.3%	$28.76	$33.59	—	COM	12468p104
—	SPDR S&P MIDCAP 400 ETF IV	470	$238K	0.2%	$506.38	$442.55	—	COM	78467y107
SCHF	SCHWAB INTERNATIONAL EQUITY ET	5,969	$221K	0.2%	$37.02 *	$17.35	+6.5%	COM	808524805
KO	THE COCA-COLA CO	3,737	$220K	0.2%	$58.87 *	$49.18	+12.9%	COM	191216100
TSCO	TRACTOR SUPPLY COMP	1,000	$215K	0.2%	$215.00 *	$40.21	+3.5%	COM	892356106
—	CISCO SYSTEMS INC	4,087	$206K	0.2%	$50.40	$52.36	—	COM	17275r102
DIS	WALT DISNEY CO	2,231	$201K	0.2%	$90.09	$86.20	+2.7%	COM	254687106
—	SOUTHWESTERN ENERGY	14,790	$97,000	0.1%	$6.56	$1.69	—	COM	845467109