# EDGAR Filing Document

**Accession Number:** 0001358828
**File Stem:** 0001085146-23-000686
**Filing Date:** 2023-2
**Character Count:** 14729
**Document Hash:** 0cbdef833c50b6c566fd9588cb40c363
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001085146-23-000686.hdr.sgml**: 20230207

**ACCESSION NUMBER**: 0001085146-23-000686

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230207

**DATE AS OF CHANGE**: 20230206

**EFFECTIVENESS DATE**: 20230207

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Financial Sense Advisors, Inc.
- **CENTRAL INDEX KEY:** 0001358828
- **IRS NUMBER:** 330086182
- **STATE OF INCORPORATION:** CA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-11894
- **FILM NUMBER:** 23591995

**BUSINESS ADDRESS:**
- **STREET 1:** 10809 THORNMINT ROAD
- **STREET 2:** 2ND FLOOR
- **CITY:** SAN DIEGO
- **STATE:** CA
- **ZIP:** 92127
- **BUSINESS PHONE:** 858-487-3939

**MAIL ADDRESS:**
- **STREET 1:** PO BOX 503147
- **CITY:** SAN DIEGO
- **STATE:** CA
- **ZIP:** 92150

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FINANCIAL SENSE ADVISORS, INC
- **DATE OF NAME CHANGE:** 20171027

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Puplava Financial Services, Inc.
- **DATE OF NAME CHANGE:** 20070206

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Puplava Financial Services
- **DATE OF NAME CHANGE:** 20060410

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Financial Sense Advisors Inc.<br>**Address:** PO BOX 503147<br>SAN DIEGO, CA 92150

**Form 13F File Number:** 028-11894

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** James J. Puplava<br>**Title:** President<br>**Phone:** 858-487-3939

**Signature, Place, and Date of Signing:**

/s/  James J. Puplava  San Diego, CA  02-06-2023<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 98

**Form 13F Information Table Value Total:** $244449093

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ABBVIE INC | COM | 00287Y109 | BBG0025Y4RZ3 | 2420613 | 14978 | SH |  | SOLE |  | 0 | 0 | 14978 |
| AGNICO EAGLE MINES LTD | COM | 008474108 | BBG001S77MK3 | 414052 | 7964 | SH |  | SOLE |  | 0 | 0 | 7964 |
| ALTRIA GROUP INC | COM | 02209S103 | BBG001S5T8T5 | 1924672 | 42106 | SH |  | SOLE |  | 0 | 0 | 42106 |
| AMGEN INC | COM | 031162100 | BBG001S5NNL6 | 2544240 | 9687 | SH |  | SOLE |  | 0 | 0 | 9687 |
| APPLE INC | COM | 037833100 | BBG001S5N8V8 | 1158009 | 8913 | SH |  | SOLE |  | 0 | 0 | 8913 |
| AT INC | COM | 00206R102 | BBG001S5VWH2 | 2666751 | 144853 | SH |  | SOLE |  | 0 | 0 | 144853 |
| BARRICK GOLD CORP | COM | 067901108 | BBG001S5N9P3 | 6007878 | 349702 | SH |  | SOLE |  | 0 | 0 | 349702 |
| BAUSCH HEALTH COS INC | COM | 071734107 | BBG001S7WDP0 | 761450 | 121250 | SH |  | SOLE |  | 0 | 0 | 121250 |
| BHP GROUP LTD | SPONSORED ADS | 088606108 | BBG001S5P5K4 | 2721070 | 43853 | SH |  | SOLE |  | 0 | 0 | 43853 |
| BP PLC | SPONSORED ADR | 055622104 | BBG001S5W4F5 | 2463158 | 70517 | SH |  | SOLE |  | 0 | 0 | 70517 |
| BROADCOM INC | COM | 11135F101 | BBG00KHY5SY8 | 261114 | 467 | SH |  | SOLE |  | 0 | 0 | 467 |
| CAMECO CORP | COM | 13321L108 | BBG001S5Y5S6 | 4844398 | 213692 | SH |  | SOLE |  | 0 | 0 | 213692 |
| CATERPILLAR INC | COM | 149123101 | BBG001S5PJ06 | 2774264 | 11581 | SH |  | SOLE |  | 0 | 0 | 11581 |
| CHENIERE ENERGY INC | COM NEW | 16411R208 | BBG001S7W158 | 1904506 | 12700 | SH |  | SOLE |  | 0 | 0 | 12700 |
| CHEVRON CORP NEW | COM | 166764100 | BBG001S67ZC5 | 2718462 | 15145 | SH |  | SOLE |  | 0 | 0 | 15145 |
| CISCO SYS INC | COM | 17275R102 | BBG001S6HC62 | 1644949 | 34529 | SH |  | SOLE |  | 0 | 0 | 34529 |
| COCA COLA CO | COM | 191216100 | BBG001S5SMQ8 | 1877919 | 29522 | SH |  | SOLE |  | 0 | 0 | 29522 |
| CONOCOPHILLIPS | COM | 20825C104 | BBG001S5TZM2 | 1804868 | 15295 | SH |  | SOLE |  | 0 | 0 | 15295 |
| DANAHER CORPORATION | COM | 235851102 | BBG001S5QGT0 | 638588 | 2406 | SH |  | SOLE |  | 0 | 0 | 2406 |
| DIREXION SHS ETF TR | DLY GOLD INDX 2X | 25460G781 | BBG001TGX0X7 | 271451 | 7875 | SH |  | SOLE |  | 0 | 0 | 7875 |
| EOG RES INC | COM | 26875P101 | BBG001S5ZB93 | 1846739 | 14258 | SH |  | SOLE |  | 0 | 0 | 14258 |
| EQT CORP | COM | 26884L109 | BBG001S5QXJ4 | 743892 | 21989 | SH |  | SOLE |  | 0 | 0 | 21989 |
| ETF MANAGERS TR | PRIME JUNIR SLVR | 26924G102 | BBG003NYHL53 | 150084 | 14226 | SH |  | SOLE |  | 0 | 0 | 14226 |
| EXXON MOBIL CORP | COM | 30231G102 | BBG001S69V32 | 3088721 | 28003 | SH |  | SOLE |  | 0 | 0 | 28003 |
| FIRST MAJESTIC SILVER CORP | COM | 32076V103 | BBG001SGV444 | 112899 | 13537 | SH |  | SOLE |  | 0 | 0 | 13537 |
| FIRST TR EXCHANGE-TRADED FD | NAT GAS ETF | 33733E807 | BBG001SS80F0 | 2845288 | 116087 | SH |  | SOLE |  | 0 | 0 | 116087 |
| FRANCO NEV CORP | COM | 351858105 | BBG001STGSR5 | 1217071 | 8918 | SH |  | SOLE |  | 0 | 0 | 8918 |
| FREEPORT-MCMORAN INC | CL B | 35671D857 | BBG001S5R3F3 | 1807316 | 47561 | SH |  | SOLE |  | 0 | 0 | 47561 |
| GOLDMINING INC | COM | 38149E101 | BBG001V0D2W8 | 16950 | 15000 | SH |  | SOLE |  | 0 | 0 | 15000 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 | BBG001S5S399 | 622065 | 4415 | SH |  | SOLE |  | 0 | 0 | 4415 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 | BBG001S9GN63 | 417793 | 1569 | SH |  | SOLE |  | 0 | 0 | 1569 |
| ISHARES GOLD TR | ISHARES NEW | 464285204 | BBG001SJK6D5 | 2268378 | 65579 | SH |  | SOLE |  | 0 | 0 | 65579 |
| ISHARES SILVER TR | ISHARES | 46428Q109 | BBG001SQLN69 | 5330073 | 242056 | SH |  | SOLE |  | 0 | 0 | 242056 |
| ISHARES TR | 20 YR TR BD ETF | 464287432 | BBG001S8MLN3 | 1313413 | 13192 | SH |  | SOLE |  | 0 | 0 | 13192 |
| ISHARES TR | CORE S ETF | 464287200 | BBG001SFB7R6 | 416484 | 1084 | SH |  | SOLE |  | 0 | 0 | 1084 |
| ISHARES TR | CORE US AGGBD ET | 464287226 | BBG001SM1QT8 | 9050269 | 93311 | SH |  | SOLE |  | 0 | 0 | 93311 |
| ISHARES TR | ISHARES BIOTECH | 464287556 | BBG001SGYSW7 | 370238 | 2820 | SH |  | SOLE |  | 0 | 0 | 2820 |
| ISHARES TR | JPMORGAN USD EMG | 464288281 | BBG001SQS9Y2 | 9274805 | 109644 | SH |  | SOLE |  | 0 | 0 | 109644 |
| ISHARES TR | MSCI USA MIN VOL | 46429B697 | BBG0025X2G81 | 959352 | 13306 | SH |  | SOLE |  | 0 | 0 | 13306 |
| ISHARES TR | MSCI USA MMENTM | 46432F396 | BBG004FPV022 | 1065078 | 7299 | SH |  | SOLE |  | 0 | 0 | 7299 |
| ISHARES TR | MSCI USA QLT FCT | 46432F339 | BBG004TRTWW3 | 12089506 | 106086 | SH |  | SOLE |  | 0 | 0 | 106086 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 | BBG001S56320 | 874091 | 4080 | SH |  | SOLE |  | 0 | 0 | 4080 |
| ISHARES TR | RUS MDCP VAL ETF | 464287473 | BBG001S561V2 | 305602 | 2901 | SH |  | SOLE |  | 0 | 0 | 2901 |
| ISHARES TR | US TREAS BD ETF | 46429B267 | BBG002NCKPP8 | 349093 | 15365 | SH |  | SOLE |  | 0 | 0 | 15365 |
| JOHNSON  JOHNSON | COM | 478160104 | BBG001S5SHQ9 | 2094581 | 11857 | SH |  | SOLE |  | 0 | 0 | 11857 |
| KIMBERLY-CLARK CORP | COM | 494368103 | BBG001S5SLZ0 | 1752471 | 12910 | SH |  | SOLE |  | 0 | 0 | 12910 |
| LIGAND PHARMACEUTICALS INC | NOTE 0.750% 5/1 | 53220KAF5 |  | 126631 | 130000 | SH |  | SOLE |  | 0 | 0 | 130000 |
| LILLY ELI  CO | COM | 532457108 | BBG001S5STL8 | 1430069 | 3909 | SH |  | SOLE |  | 0 | 0 | 3909 |
| MERCK  CO INC | COM | 58933Y105 | BBG001S5TC52 | 2547198 | 22958 | SH |  | SOLE |  | 0 | 0 | 22958 |
| MICRON TECHNOLOGY INC | COM | 595112103 | BBG001S6P675 | 1768314 | 35380 | SH |  | SOLE |  | 0 | 0 | 35380 |
| MICROSOFT CORP | COM | 594918104 | BBG001S5TD05 | 2964497 | 12361 | SH |  | SOLE |  | 0 | 0 | 12361 |
| MICROSOFT CORP | COM | 594918104 | BBG001S5TD05 | 2038470 | 8500 | PRN | Put | SOLE |  | 0 | 0 | 8500 |
| MICROSTRATEGY INC | CL A NEW | 594972408 | BBG001SC7PX1 | 900385 | 6360 | SH |  | SOLE |  | 0 | 0 | 6360 |
| NEWMONT CORP | COM | 651639106 | BBG001S5TKX3 | 2044655 | 43319 | SH |  | SOLE |  | 0 | 0 | 43319 |
| OCCIDENTAL PETE CORP | COM | 674599105 | BBG001S5TZG9 | 894513 | 14201 | SH |  | SOLE |  | 0 | 0 | 14201 |
| PACER FDS TR | US CASH COWS 100 | 69374H881 | BBG00FJQN752 | 2471222 | 53432 | SH |  | SOLE |  | 0 | 0 | 53432 |
| PAN AMERN SILVER CORP | COM | 697900108 | BBG001S5ZXR5 | 2460358 | 150573 | SH |  | SOLE |  | 0 | 0 | 150573 |
| PAN AMERN SILVER CORP | COM | 697900108 | BBG001S5ZXR5 | 1102950 | 67500 | PRN | Call | SOLE |  | 0 | 0 | 67500 |
| PFIZER INC | COM | 717081103 | BBG001S5V466 | 145163 | 2833 | SH |  | SOLE |  | 0 | 0 | 2833 |
| PFIZER INC | COM | 717081103 | BBG001S5V466 | 384300 | 7500 | PRN | Put | SOLE |  | 0 | 0 | 7500 |
| PROCTER AND GAMBLE CO | COM | 742718109 | BBG001S5V4L9 | 1875679 | 12376 | SH |  | SOLE |  | 0 | 0 | 12376 |
| PROSHARES TR | SHORT S 500 NE | 74347B425 | BBG001SR6H49 | 753993 | 47036 | SH |  | SOLE |  | 0 | 0 | 47036 |
| PROSHARES TR II | ULTRA SILVER NEW | 74347W353 | BBG001T2GCT6 | 256000 | 8000 | SH |  | SOLE |  | 0 | 0 | 8000 |
| QUALCOMM INC | COM | 747525103 | BBG001S6VS70 | 620021 | 5640 | SH |  | SOLE |  | 0 | 0 | 5640 |
| RIO TINTO PLC | SPONSORED ADR | 767204100 | BBG001SB0LX9 | 2125037 | 29846 | SH |  | SOLE |  | 0 | 0 | 29846 |
| SCHLUMBERGER LTD | COM STK | 806857108 | BBG001S5W4C8 | 2410088 | 45082 | SH |  | SOLE |  | 0 | 0 | 45082 |
| SELECT SECTOR SPDR TR | ENERGY | 81369Y506 | BBG001S7T1S7 | 3161035 | 36139 | SH |  | SOLE |  | 0 | 0 | 36139 |
| SELECT SECTOR SPDR TR | SBI CONS STPLS | 81369Y308 | BBG001S7T107 | 597477 | 8014 | SH |  | SOLE |  | 0 | 0 | 8014 |
| SELECT SECTOR SPDR TR | SBI INT-INDS | 81369Y704 | BBG001S7T232 | 953988 | 9714 | SH |  | SOLE |  | 0 | 0 | 9714 |
| SELECT SECTOR SPDR TR | TECHNOLOGY | 81369Y803 | BBG001S7TCZ5 | 1008213 | 8102 | SH |  | SOLE |  | 0 | 0 | 8102 |
| SERVICENOW INC | COM | 81762P102 | BBG001T4JFC0 | 236845 | 610 | SH |  | SOLE |  | 0 | 0 | 610 |
| SIMON PPTY GROUP INC NEW | COM | 828806109 | BBG001S77WM9 | 293700 | 2500 | SH |  | SOLE |  | 0 | 0 | 2500 |
| SOUTHERN COPPER CORP | COM | 84265V105 | BBG001S6ZM88 | 301950 | 5000 | SH |  | SOLE |  | 0 | 0 | 5000 |
| SPDR GOLD TR | GOLD SHS | 78463V107 | BBG001SCPX28 | 533009 | 3142 | SH |  | SOLE |  | 0 | 0 | 3142 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 | BBG001S72SM3 | 297272 | 777 | SH |  | SOLE |  | 0 | 0 | 777 |
| SPDR SER TR | OILGAS EQUIP | 78468R549 | BBG001SMG9M7 | 1130646 | 14177 | SH |  | SOLE |  | 0 | 0 | 14177 |
| SPDR SER TR | S BK ETF | 78464A797 | BBG001SPTB32 | 479493 | 10620 | SH |  | SOLE |  | 0 | 0 | 10620 |
| SPDR SER TR | S METALS MNG | 78464A755 | BBG001SMH2W0 | 7340117 | 147362 | SH |  | SOLE |  | 0 | 0 | 147362 |
| SPROTT PHYSICAL GOLD  SILVE | TR UNIT | 85208R101 | BBG00JPZ8T56 | 1358574 | 75771 | SH |  | SOLE |  | 0 | 0 | 75771 |
| SPROTT PHYSICAL GOLD TR | UNIT | 85207H104 | BBG001T66XM9 | 1638096 | 116177 | SH |  | SOLE |  | 0 | 0 | 116177 |
| SPROTT PHYSICAL SILVER TR | TR UNIT | 85207K107 | BBG001T96GD0 | 898943 | 109095 | SH |  | SOLE |  | 0 | 0 | 109095 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 | BBG001S5WWW4 | 581022 | 7800 | SH |  | SOLE |  | 0 | 0 | 7800 |
| TEVA PHARMACEUTICAL INDS LTD | SPONSORED ADS | 881624209 | BBG001S62NT9 | 2335632 | 256100 | SH |  | SOLE |  | 0 | 0 | 256100 |
| TRX GOLD CORPORATION | COM | 87283P109 | BBG001S7K614 | 39071 | 115492 | SH |  | SOLE |  | 0 | 0 | 115492 |
| UNION PAC CORP | COM | 907818108 | BBG001S5X2M0 | 221414 | 1069 | SH |  | SOLE |  | 0 | 0 | 1069 |
| URANIUM ENERGY CORP | COM | 916896103 | BBG001SK6158 | 42672 | 10998 | SH |  | SOLE |  | 0 | 0 | 10998 |
| VALERO ENERGY CORP | COM | 91913Y100 | BBG001S5X8K9 | 442871 | 3491 | SH |  | SOLE |  | 0 | 0 | 3491 |
| VANECK ETF TRUST | GOLD MINERS ETF | 92189F106 | BBG001SR42Z0 | 609215 | 21257 | SH |  | SOLE |  | 0 | 0 | 21257 |
| VANECK ETF TRUST | MRNGSTR WDE MOAT | 92189F643 | BBG002XRNHT5 | 12189690 | 187794 | SH |  | SOLE |  | 0 | 0 | 187794 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 | BBG001TC6MC1 | 29264082 | 83293 | SH |  | SOLE |  | 0 | 0 | 83293 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 | BBG001SHVR78 | 389679 | 2776 | SH |  | SOLE |  | 0 | 0 | 2776 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 | BBG001S67QY1 | 1816932 | 46115 | SH |  | SOLE |  | 0 | 0 | 46115 |
| WALGREENS BOOTS ALLIANCE INC | COM | 931427108 | BBG001S5XBY7 | 1334587 | 35722 | SH |  | SOLE |  | 0 | 0 | 35722 |
| WALMART INC | COM | 931142103 | BBG001S5XH92 | 270079 | 1905 | SH |  | SOLE |  | 0 | 0 | 1905 |
| WESTERN DIGITAL CORP. | COM | 958102105 | BBG001S5XD28 | 1471019 | 46625 | SH |  | SOLE |  | 0 | 0 | 46625 |
| WESTERN DIGITAL CORP. | NOTE 1.500% 2/0 | 958102AP0 |  | 13550972 | 14134000 | SH |  | SOLE |  | 0 | 0 | 14134000 |
| WHEATON PRECIOUS METALS CORP | COM | 962879102 | BBG001S6DSP0 | 1958815 | 50123 | SH |  | SOLE |  | 0 | 0 | 50123 |
| WISDOMTREE TR | FLOATNG RAT TREA | 97717Y527 | BBG005YHYNG8 | 26177776 | 520744 | SH |  | SOLE |  | 0 | 0 | 520744 |

---