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
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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
ISHARES GOLD TRUST ISHARES 464285105 1,029,794 80,704,853 SH   SOLE   80,704,853 0 0
VANGUARD BD INDEX FD INC TOTAL BND MRKT 921937835 862,729 10,234,033 SH   SOLE   10,234,033 0 0
ISHARES TR JP MOR EM MK ETF 464288281 741,998 6,443,754 SH   SOLE   6,443,754 0 0
VANGUARD SPECIALIZED PORTFOL DIV APP ETF 921908844 718,426 8,630,778 SH   SOLE   8,630,778 0 0
VANGUARD INTL EQUITY INDEX F GLB EX US ETF 922042676 648,404 11,994,155 SH   SOLE   11,994,155 0 0
SPDR SERIES TRUST BARC SHT TR CP 78464A474 573,569 18,634,464 SH   SOLE   18,634,464 0 0
ISHARES TR TIPS BD ETF 464287176 533,736 4,574,751 SH   SOLE   4,574,751 0 0
VANGUARD INDEX FDS REIT ETF 922908553 521,128 5,877,162 SH   SOLE   5,877,162 0 0
ISHARES TR 7-10YR TR BD ETF 464287440 490,559 4,343,060 SH   SOLE   4,343,060 0 0
VANGUARD INDEX FDS TOTAL STK MKT 922908769 460,312 4,295,558 SH   SOLE   4,295,558 0 0
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 456,827 12,966,975 SH   SOLE   12,966,975 0 0
ISHARES TR IBOXX INV CP ETF 464287242 455,885 3,714,381 SH   SOLE   3,714,381 0 0
VANGUARD TAX-MANAGED INTL FD FTSE DEV MKT ETF 921943858 434,443 12,286,271 SH   SOLE   12,286,271 0 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 361,250 3,359,219 SH   SOLE   3,359,219 0 0
SPDR S&P 500 ETF TRUST TR UNIT 78462F103 336,385 1,605,846 SH   SOLE   1,605,846 0 0
POWERSHARES ETF TR II S&P 500 LOW VOL 73937B779 315,010 7,363,484 SH   SOLE   7,363,484 0 0
VANGUARD SCOTTSDALE FDS INT-TERM CORP 92206C870 295,125 3,300,805 SH   SOLE   3,300,805 0 0
ISHARES US ETF TR COMMOD SEL STG 46431W853 236,846 7,216,517 SH   SOLE   7,216,517 0 0
ISHARES TR 20 YR TR BD ETF 464287432 228,851 1,647,594 SH   SOLE   1,647,594 0 0
ISHARES TR MIN VOL EAFE ETF 46429B689 209,040 3,148,674 SH   SOLE   3,148,674 0 0
ISHARES RUSSELL 2000 ETF 464287655 169,361 1,472,964 SH   SOLE   1,472,964 0 0
PIMCO ETF TR 0-5 HIGH YIELD 72201R783 107,069 1,105,630 SH   SOLE   1,105,630 0 0
PIMCO ETF TR ENHAN SHRT MA AC 72201R833 98,803 976,602 SH   SOLE   976,602 0 0
VANGUARD CHARLOTTE FDS INTL BD IDX ETF 92203J407 65,576 1,177,315 SH   SOLE   1,177,315 0 0
ISHARES EM MKTS CURR ETF 464286517 65,088 1,449,944 SH   SOLE   1,449,944 0 0
ISHARES MSCI JAPAN ETF 464286848 36,846 3,203,989 SH   SOLE   3,203,989 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 342 2,706 SH   SOLE   2,706 0 0