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
Estimated average burden
hours per response: 23.8
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
AGNICO EAGLE MINES LTD COM 008474108 2,204 72,860 SH   SOLE   72,860 0 0
ATHENAHEALTH INC COM 04685W103 303 121,400 SH Put SOLE   121,400 0 0
BARRICK GOLD CORP COM 067901108 1,927 108,050 SH   SOLE   108,050 0 0
CENTRAL FD CDA LTD CL A 153501101 2,236 162,480 SH   SOLE   162,480 0 0
CENTRAL GOLDTRUST TR UNIT 153546106 490 10,837 SH   SOLE   10,837 0 0
CURRENCYSHS JAPANESE YEN TR JAPANESE YEN 23130A102 407 771,000 SH Put SOLE   771,000 0 0
ELDORADO GOLD CORP NEW COM 284902103 1,571 281,479 SH   SOLE   281,479 0 0
GOLD RESOURCE CORP COM 38068T105 1,596 333,931 SH   SOLE   333,931 0 0
GOLDCORP INC NEW COM 380956409 1,832 74,817 SH   SOLE   74,817 0 0
ISHARES GOLD TRUST ISHARES 464285105 4,907 394,415 SH   SOLE   394,415 0 0
ISHARES SILVER TRUST ISHARES 46428Q109 10,516 552,306 SH   SOLE   552,306 0 0
MARKET VECTORS ETF TR GOLD MINER ETF 57060U100 2,709 114,748 SH   SOLE   114,748 0 0
NEW GOLD INC CDA COM 644535106 1,503 308,091 SH   SOLE   308,091 0 0
NEWMONT MINING CORP COM 651639106 1,478 63,054 SH   SOLE   63,054 0 0
PAN AMERICAN SILVER CORP COM 697900108 9,082 705,649 SH   SOLE   705,649 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 7,569 61,230 SH   SOLE   61,230 0 0
USA MOBILITY INC COM 90341G103 34,109 1,877,216 SH   SOLE   1,877,216 0 0
YAMANA GOLD INC COM 98462Y100 1,708 194,523 SH   SOLE   194,523 0 0