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
Alexco Resource Corp COM 01535P106 28 22,000 SH   SOLE   22,000 0 0
Allied Nevada Gold Corp COM 019344100 50 14,000 SH   SOLE   14,000 0 0
Alps TRUST Etf COM 00162Q866 17,398 977,977 SH   SOLE   977,977 0 0
Biogen Idec Inc COM 09062X103 1,514 5,416 SH   SOLE   5,416 0 0
Cardero Resources Corp COM 14140U105 4 20,000 SH   SOLE   20,000 0 0
Claude Resources Inc COM 182873109 28 205,000 SH   SOLE   205,000 0 0
Endeavour Silver Corp COM 29258Y103 51 14,000 SH   SOLE   14,000 0 0
Halozyme Therapeutics COM 40637H109 2,473 165,000 SH   SOLE   165,000 0 0
Iamgold Corporation COM 450913108 47 14,000 SH   SOLE   14,000 0 0
Immunocellular Theraputc COM 452536105 65 70,000 SH   SOLE   70,000 0 0
Ishares Etf COM 46429B366 1,112 21,785 SH   SOLE   21,785 0 0
Ishares Msci All Country COM 464288182 1,737 28,806 SH   SOLE   28,806 0 0
Ishares Msci Cda Idx Fd COM 464286509 4,948 169,668 SH   SOLE   169,668 0 0
Ishares Msci Emrg Mkt Fd COM 464287234 3,721 89,025 SH   SOLE   89,025 0 0
Ishares Msci Jpn Idx Fd COM 464286848 7,054 581,136 SH   SOLE   581,136 0 0
Ishares Msci Pac Ex Japn COM 464286665 6,462 138,277 SH   SOLE   138,277 0 0
Ishares S&P Euro 350 Idx COM 464287861 4,565 96,197 SH   SOLE   96,197 0 0
Ishares Tr Dj US Finl COM 464287788 1,978 24,674 SH   SOLE   24,674 0 0
Ishares Tr Russell COM 464287622 1,656 16,051 SH   SOLE   16,051 0 0
Ishares TRUST Msci COM 464288570 710 10,275 SH   SOLE   10,275 0 0
Neurocrine Biosciences COM 64125C109 204 21,865 SH   SOLE   21,865 0 0
Paramount Gold And Silvr COM 69924P102 9 10,000 SH   SOLE   10,000 0 0
Pimco Exch Traded Fund COM 72201R775 378 3,610 SH   SOLE   3,610 0 0
Powershs Db Commdty Indx COM 73935S105 1,206 47,002 SH   SOLE   47,002 0 0
Powershs ETF Small - Mid COM 73935X567 4,995 51,109 SH   SOLE   51,109 0 0
Powershs Exch Trad Fd Tr COM 73935X583 43,019 518,680 SH   SOLE   518,680 0 0
Receptos Inc COM 756207106 17,224 594,142 SH   SOLE   594,142 0 0
Regulus Therapeutics Inc COM 75915K101 402 54,396 SH   SOLE   54,396 0 0
Sandstorm Gold Ltd New COM 80013R206 160 37,500 SH   SOLE   37,500 0 0
Sector Spdr Consumer Fd COM 81369Y407 4,697 70,279 SH   SOLE   70,279 0 0
Sector Spdr Engy Select COM 81369Y506 4,067 45,952 SH   SOLE   45,952 0 0
Sector Spdr Fincl Select COM 81369Y605 4,316 197,433 SH   SOLE   197,433 0 0
Sector Spdr Health Fund COM 81369Y209 5,026 90,660 SH   SOLE   90,660 0 0
Sector Spdr Indl Select COM 81369Y704 4,083 78,134 SH   SOLE   78,134 0 0
Sector Spdr Materials Fd COM 81369Y100 1,330 28,780 SH   SOLE   28,780 0 0
Sector Spdr Tech Select COM 81369Y803 8,132 227,523 SH   SOLE   227,523 0 0
Sector Spdr Tr Con Stpls COM 81369Y308 4,145 96,447 SH   SOLE   96,447 0 0
Sector Spdr Util Select COM 81369Y886 1,215 31,998 SH   SOLE   31,998 0 0
Sequenom Inc New COM 817337405 211 90,000 SH   SOLE   90,000 0 0
Silver Wheaton Corp COM 828336107 212 10,500 SH   SOLE   10,500 0 0
Solazyme Inc COM 83415T101 223 20,500 SH   SOLE   20,500 0 0
Spdr Barclays Etf COM 78464A391 1,095 36,814 SH   SOLE   36,814 0 0
Spdr Barclays Etf COM 78468R408 1,127 36,542 SH   SOLE   36,542 0 0
Spdr S&P Dividend Etf COM 78464A763 43,450 598,326 SH   SOLE   598,326 0 0
Spdr Ssga Exch Traded Fd COM 78467V608 724 14,469 SH   SOLE   14,469 0 0
Spdr Ssga Exch Traded Fd COM 78467V103 1,160 39,917 SH   SOLE   39,917 0 0
Synergy Pharma New COM 871639308 56 10,000 SH   SOLE   10,000 0 0
Vanguard Emerging Market COM 922042858 10,357 251,757 SH   SOLE   251,757 0 0
Vanguard European COM 922042874 30,726 522,548 SH   SOLE   522,548 0 0
Vanguard Intl Eqty Index COM 922042775 2,858 56,332 SH   SOLE   56,332 0 0
Vanguard Mid Cap COM 922908629 4,680 42,534 SH   SOLE   42,534 0 0
Vanguard Reit COM 922908553 246 3,810 SH   SOLE   3,810 0 0
Wisdomtree Japan Tot Div COM 97717W851 4,031 79,285 SH   SOLE   79,285 0 0
Wisdomtree Largecap Div COM 97717W307 278 4,177 SH   SOLE   4,177 0 0