Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MSFT	MICROSOFT CORP	20,351	$10.12M	9.3%	$51.56	+738.6%	—	594918104
—	ANGLOGOLD ASHANTI PLC F	127,815	$5.825M	5.4%	$26.98	—	—	g0378l100
PAAS	PAN AMERN SILVER CORP F	195,761	$5.56M	5.1%	$14.60	+77.2%	—	697900108
NEM	NEWMONT CORP	80,638	$4.698M	4.3%	$26.16	+102.2%	—	651639106
—	M & T BANK CORP	22,853	$4.433M	4.1%	$161.94	—	—	55261f104
—	PETROLEO BRASILEIRO F SPONSORE	343,008	$4.291M	3.9%	$10.23	—	—	71654v408
—	ISHARES SILVER TRUST ETF	127,180	$4.173M	3.8%	$14.85	—	—	46428q109
—	RANGE RESOURCES CORP	96,998	$3.945M	3.6%	$20.12	—	—	75281a109
TPC	TUTOR PERINI CORP	70,535	$3.3M	3.0%	$10.74	+196.3%	—	901109108
FLR	FLUOR CORP	59,329	$3.042M	2.8%	$38.94	+2.4%	—	343412102
—	NUTRIEN LTD F	51,097	$2.976M	2.7%	$48.73	—	—	67077m108
HL	HECLA MINING CO	468,932	$2.809M	2.6%	$3.49	+57.7%	—	422704106
CX	CEMEX SAB DE C V F SPONSORED A	371,850	$2.577M	2.4%	$5.56	—	—	151290889
—	TELEFONICA BRASIL S. F SPONSOR	225,286	$2.568M	2.4%	$8.91	—	—	87936r205
BKH	BLACK HILLS CORP	45,617	$2.559M	2.4%	$48.22	+17.1%	—	092113109
—	LAZARD INC	52,619	$2.525M	2.3%	$50.31	—	—	52110m109
AMGN	AMGEN INC.	8,490	$2.371M	2.2%	$144.43	+92.3%	—	031162100
—	BUNGE GLOBAL SA F	29,283	$2.351M	2.2%	$96.46	—	—	h11356104
AA	ALCOA CORP	75,155	$2.218M	2.0%	$25.22	+6.2%	—	013872106
—	INTERNATIONAL SEAWAYS INC F	58,161	$2.122M	1.9%	$15.14	—	—	y41053102
NWE	NORTHWESTERN ENERGY GROUP INC	39,656	$2.034M	1.9%	$52.15	+2.7%	—	668074305
SJT	SAN JUAN BASIN ROYAL ROYALTY T	336,644	$2.013M	1.8%	$4.30	—	—	798241105
HE	HAWAIIAN ELECTRIC INDUSTRIES	188,573	$2.005M	1.8%	$10.12	+3.1%	—	419870100
NOK	NOKIA OYJ F SPONSORED ADR 1 AD	382,106	$1.979M	1.8%	$4.89	—	—	654902204
HTLD	HEARTLAND EXPRESS	228,895	$1.978M	1.8%	$12.72	-32.6%	—	422347104
—	PROSHARES SHORT QQQ ETF	58,501	$1.969M	1.8%	$33.66	—	—	74349y837
ALK	ALASKA AIR GROUP INC	36,347	$1.798M	1.7%	$38.20	+27.2%	—	011659109
INVX	INNOVEX INTERNATIONAL INC	114,419	$1.787M	1.6%	$15.89	-3.2%	—	457651107
—	DOLE PLC F	127,110	$1.778M	1.6%	$13.09	—	—	g27907107
INTC	INTEL CORP	70,114	$1.571M	1.4%	$35.10	-41.0%	—	458140100
AAPL	APPLE INC	5,988	$1.229M	1.1%	$103.72	+94.2%	—	037833100
MCD	MCDONALDS CORP	3,188	$931K	0.9%	$136.64	+122.1%	—	580135101
—	BERKSHIRE HATHAWAY INC DCLASS	1	$729K	0.7%	$4700.00	—	—	084990175
SWBI	SMITH & WESSON BRANDS INC	81,167	$705K	0.6%	$13.05	-27.4%	—	831754106
PG	PROCTER & GAMBLE	3,570	$569K	0.5%	$67.87	+136.9%	—	742718109
JNJ	JOHNSON & JOHNSON	3,581	$547K	0.5%	$113.37	+33.1%	—	478160104
—	ORACLE CORP	2,441	$534K	0.5%	$81.87	—	—	68389x105
AMZN	AMAZON.COM INC	2,304	$505K	0.5%	$124.05	+59.5%	—	023135106
—	SPDR GOLD SHARES ETF	1,620	$494K	0.5%	$120.33	—	—	78463v107
PEP	PEPSICO INC	3,727	$492K	0.5%	$89.25	+46.8%	—	713448108
BKUTK	BANK OF UTICA N Y	1,000	$491K	0.5%	$267.19	+77.7%	—	065437204
—	ABBVIE INC	2,599	$482K	0.4%	$101.45	—	—	00287y109
—	MERCK & CO. INC.	5,100	$404K	0.4%	$54.79	—	—	58933y105
VT	VANGUARD TOTAL WORLD STOCK IND	3,125	$402K	0.4%	$128.64	—	—	922042742
—	VANGUARD INFORMATION TECHNOLOG	557	$369K	0.3%	$502.00	—	—	92204a702
ABT	ABBOTT LABORATORIES	2,689	$366K	0.3%	$96.66	+35.1%	—	002824100
SYY	SYSCO CORP	4,781	$362K	0.3%	$49.25	+44.3%	—	871829107
CVX	CHEVRON CORP	2,452	$351K	0.3%	$80.94	+69.3%	—	166764100
IAU	ISHARES GOLD ETF	5,142	$321K	0.3%	$42.46	—	—	464285204
—	NVIDIA CORP	1,977	$312K	0.3%	$201.12	—	—	67066g104
—	J P MORGAN CHASE & CO	1,061	$308K	0.3%	$200.75	—	—	46625h100
—	AMERISERV FINL	100,000	$304K	0.3%	$4.15	—	—	03074a102
—	CISCO SYSTEMS INC	4,087	$284K	0.3%	$53.34	—	—	17275r102
IBM	IBM CORP	945	$279K	0.3%	$188.97	+34.3%	—	459200101
—	CHENIERE ENERGY INC	1,140	$278K	0.3%	$179.82	—	—	16411r208
DIS	WALT DISNEY CO	2,231	$277K	0.3%	$96.25	+6.8%	—	254687106
BA	BOEING CO	1,312	$275K	0.3%	$163.57	+15.5%	—	097023105
CVS	CVS HEALTH CORP	3,965	$274K	0.3%	$54.56	+17.6%	—	126650100
—	UNITEDHEALTH GROUP INC	877	$274K	0.3%	$220.46	—	—	91324p102
BRT	BRT APARTMENTS CORP	17,500	$274K	0.3%	$7.00	—	—	055645303
—	ANTERO RESOURCES COR	6,760	$272K	0.2%	$40.38	—	—	03674x106
—	SPDR S&P MIDCAP 400 ETF	470	$266K	0.2%	$442.55	—	—	78467y107
—	EXXON MOBIL CORP	2,310	$249K	0.2%	$59.54	—	—	30231g102
SCHX	SCHWAB US LARGE CAP ETF	9,720	$238K	0.2%	$38.77	—	—	808524201
—	CAMECO CORP F	3,190	$237K	0.2%	$74.29	—	—	13321l108
BRK/B	BERKSHIRE HATHAWAY INC CL B	486	$236K	0.2%	$442.99	+14.6%	—	084670702
—	C3 AI INC CLASS A	9,109	$224K	0.2%	$24.59	—	—	12468p104
COMP	COMPASS INC	25,089	$158K	0.1%	$7.92	-13.5%	—	20464U100
—	WALGREENS BOOTS ALLI	10,189	$117K	0.1%	$37.86	—	—	931427108
—	ENEL CHILE S A F SPONSORED ADR	12,235	$44,000	0.0%	$2.89	—	—	29278d105