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

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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 TR 1 3 YR TREAS BD 464287457 19,895 234,552 SH   SOLE   0 0 234,552
ISHARES TR BARCLAYS 7 10 YR 464287440 17,545 156,000 SH   SOLE   0 0 156,000
ISHARES TR 20 YR TR BD ETF 464287432 1,255 8,774 SH   SOLE   0 0 8,774
SPDR GOLD TRUST GOLD SHS 78463V107 232 1,668 SH   SOLE   0 0 1,668
ISHARES GOLD TRUST ISHARES 464285105 10,418 738,871 SH   SOLE   0 0 738,871
ISHARES TR SHORT TREAS BD 464288679 26,494 239,504 SH   SOLE   0 0 239,504
SPDR SERIES TRUST SPDR BLOOMBERG 78468R663 26,710 291,622 SH   SOLE   0 0 291,622
SPDR SERIES TRUST PORTFLI INTRMDIT 78464A672 516 16,490 SH   SOLE   0 0 16,490