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
AMAZON COM INC COM 023135106 3,418 10,600 SH   SOLE 0 0 10,600
AMBEV SA SPONSORED ADR 02319V103 90 13,700 SH   SOLE 0 0 13,700
AMERICA MOVIL SAB DE CV SPON ADR L SHS 02364w105 1,236 49,050 SH   SOLE 0 0 49,050
AMERICAN EXPRESS CO COM 025816109 1,976 22,575 SH   SOLE 0 0 22,575
APPLE INC COM 037833100 6,165 61,190 SH   SOLE 0 0 61,190
AT&T INC COM 00206R102 2,071 58,774 SH   SOLE 0 0 58,774
BANCO BILBAO VIZCAYA ARGENTA SPONSORED ADR 05946K101 1,360 113,335 SH   SOLE 0 0 113,335
BANCO SANTANDER SA ADR 05964H105 3,366 354,301 SH   SOLE 0 0 354,301
BANK AMER CORP COM 060505104 14,659 859,779 SH   SOLE 0 0 859,779
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 6,472 46,850 SH   SOLE 0 0 46,850
CATERPILLAR INC DEL COM 149123101 1,429 14,430 SH   SOLE 0 0 14,430
CEMEX SAB DE CV SPON ADR NEW 151290889 16,704 1,280,976 SH   SOLE 0 0 1,280,976
CHEVRON CORP NEW COM 166764100 266 2,227 SH   SOLE 0 0 2,227
CHINA MOBILE LIMITED SPONSORED ADR 16941m109 2,635 44,850 SH   SOLE 0 0 44,850
CITIGROUP INC COM NEW 172967424 2,326 44,889 SH   SOLE 0 0 44,889
COCA COLA CO COM 191216100 5,833 136,725 SH   SOLE 0 0 136,725
COMPANHIA SIDERURGICA NACION SPONSORED ADR 20440W105 517 145,500 SH   SOLE 0 0 145,500
CRANE CO COM 224399105 796 12,600 SH   SOLE 0 0 12,600
DEERE & CO COM 244199105 3,864 47,130 SH   SOLE 0 0 47,130
DEUTSCHE BANK AG NAMEN AKT D18190898 754 21,622 SH   SOLE 0 0 21,622
DIAGEO P L C SPON ADR NEW 25243Q205 390 3,380 SH   SOLE 0 0 3,380
DIREXION SHS ETF TR DLY FIN BULL NEW 25459Y694 1,370 13,300 SH   SOLE 0 0 13,300
DIREXION SHS ETF TR DRX S&P500BULL 25459W862 3,253 41,900 SH   SOLE 0 0 41,900
EMPRESAS ICA S A DE CV SPONS ADR NEW 292448206 519 75,000 SH   SOLE 0 0 75,000
EXXON MOBIL CORP COM 30231g102 4,359 46,350 SH   SOLE 0 0 46,350
FREEPORT-MCMORAN INC CL B 35671D857 1,009 30,900 SH   SOLE 0 0 30,900
GENERAL ELECTRIC CO COM 369604103 10,292 401,731 SH   SOLE 0 0 401,731
GENERAL MTRS CO COM 37045V100 2,298 71,950 SH   SOLE 0 0 71,950
GERDAU S A SPON ADR REP PFD 373737105 854 177,900 SH   SOLE 0 0 177,900
GOOGLE INC CL A 38259P508 818 1,391 SH   SOLE 0 0 1,391
GOOGLE INC CL C 38259p706 711 1,232 SH   SOLE 0 0 1,232
HONDA MOTOR LTD AMERN SHS 438128308 225 6,550 SH   SOLE 0 0 6,550
INTEL CORP COM 458140100 768 22,068 SH   SOLE 0 0 22,068
ISHARES EAFE SML CP ETF 464288273 1,221 25,171 SH   SOLE 0 0 25,171
ISHARES EAFE VALUE ETF 464288877 1,438 26,307 SH   SOLE 0 0 26,307
ISHARES MSCI AC ASIA ETF 464288182 328 5,345 SH   SOLE 0 0 5,345
ISHARES MSCI BRZ CAP ETF 464286400 456 10,500 SH   SOLE 0 0 10,500
ISHARES MSCI GERMANY ETF 464286806 423 15,265 SH   SOLE 0 0 15,265
ISHARES MSCI JAPAN ETF 464286848 3,474 295,130 SH   SOLE 0 0 295,130
ISHARES MSCI PAC JP ETF 464286665 621 13,477 SH   SOLE 0 0 13,477
ISHARES SILVER TRUST ISHARES 46428Q109 585 35,770 SH   SOLE 0 0 35,770
ISHARES TR CHINA LG-CAP ETF 464287184 245 6,400 SH   SOLE 0 0 6,400
ISHARES TR CORE S&P MCP ETF 464287507 1,949 14,251 SH   SOLE 0 0 14,251
ISHARES TR EUROPE ETF 464287861 941 20,885 SH   SOLE 0 0 20,885
ISHARES TR MSCI EAFE ETF 464287465 1,932 30,137 SH   SOLE 0 0 30,137
ISHARES TR MSCI EMG MKT ETF 464287234 1,025 24,657 SH   SOLE 0 0 24,657
ISHARES TR NA NAT RES 464287374 1,237 27,653 SH   SOLE 0 0 27,653
ISHARES TR RUS 1000 GRW ETF 464287614 252 2,747 SH   SOLE 0 0 2,747
ISHARES TR RUS 1000 VAL ETF 464287598 3,505 35,020 SH   SOLE 0 0 35,020
ISHARES TR RUSSELL 2000 ETF 464287655 1,019 9,318 SH   SOLE 0 0 9,318
ISHARES TR S&P 100 ETF 464287101 511 5,800 SH   SOLE 0 0 5,800
ISHARES TR SP SMCP600VL ETF 464287879 1,576 14,692 SH   SOLE 0 0 14,692
JOHNSON & JOHNSON COM 478160104 4,931 46,265 SH   SOLE 0 0 46,265
JPMORGAN CHASE & CO COM 46625H100 1,506 25,007 SH   SOLE 0 0 25,007
KRAFT FOODS GROUP INC COM 50076Q106 256 4,539 SH   SOLE 0 0 4,539
MCDONALDS CORP COM 580135101 5,154 54,358 SH   SOLE 0 0 54,358
MERCK & CO INC NEW COM 58933Y105 2,620 44,201 SH   SOLE 0 0 44,201
MICROSOFT CORP COM 594918104 3,024 65,233 SH   SOLE 0 0 65,233
NOVARTIS A G SPONSORED ADR 66987v109 1,421 15,100 SH   SOLE 0 0 15,100
NUVEEN TEX QUALITY INCOME MU COM 670983105 170 11,700 SH   SOLE 0 0 11,700
PEABODY ENERGY CORP COM 704549104 245 19,780 SH   SOLE 0 0 19,780
PEPSICO INC COM 713448108 4,732 50,830 SH   SOLE 0 0 50,830
PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654v408 2,593 182,700 SH   SOLE 0 0 182,700
PFIZER INC COM 717081103 339 11,457 SH   SOLE 0 0 11,457
POTASH CORP SASK INC COM 73755l107 251 7,250 SH   SOLE 0 0 7,250
POWERSHARES DB CMDTY IDX TRA UNIT BEN INT 73935S105 1,328 57,203 SH   SOLE 0 0 57,203
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 1,829 18,515 SH   SOLE 0 0 18,515
PROCTER & GAMBLE CO COM 742718109 4,345 51,882 SH   SOLE 0 0 51,882
PROSHARES TR ULTRAPRO QQQ 74347X831 3,426 39,600 SH   SOLE 0 0 39,600
PROSHARES TR ULTRAPRO SHORT S 74348A442 454 10,000 SH   SOLE 0 0 10,000
PROSHARES TR II ULTRASHRT EURO 74347W882 914 45,800 SH   SOLE 0 0 45,800
ROYAL DUTCH SHELL PLC SPON ADR B 780259107 732 9,250 SH   SOLE 0 0 9,250
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 1,501 19,718 SH   SOLE 0 0 19,718
RYDEX ETF TRUST GUG S&P500 EQ WT 78355W106 367 4,840 SH   SOLE 0 0 4,840
SANOFI SPONSORED ADR 80105N105 796 14,100 SH   SOLE 0 0 14,100
SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407 2,027 30,400 SH   SOLE 0 0 30,400
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 1,204 51,971 SH   SOLE 0 0 51,971
SONY CORP ADR NEW 835699307 361 20,000 SH   SOLE 0 0 20,000
SPDR DOW JONES INDL AVRG ETF UT SER 1 78467X109 8,340 49,038 SH   SOLE 0 0 49,038
SPDR GOLD TRUST GOLD SHS 78463V107 5,054 43,490 SH   SOLE 0 0 43,490
SPDR INDEX SHS FDS EURO STOXX 50 78463X202 271 6,820 SH   SOLE 0 0 6,820
SPDR INDEX SHS FDS S&P INTL SMLCP 78463X871 659 20,168 SH   SOLE 0 0 20,168
SPDR INDEX SHS FDS STOXX EUR 50 ETF 78463X103 1,470 40,000 SH   SOLE 0 0 40,000
SPDR S&P 500 ETF TR TR UNIT 78462F103 7,993 40,570 SH   SOLE 0 0 40,570
SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP 78467Y107 959 3,845 SH   SOLE 0 0 3,845
TELEFONICA S A SPONSORED ADR 879382208 5,731 372,881 SH   SOLE 0 0 372,881
TEVA PHARMACEUTICAL INDS LTD ADR 881624209 876 16,300 SH   SOLE 0 0 16,300
TOYOTA MOTOR CORP SP ADR REP2COM 892331307 1,904 16,200 SH   SOLE 0 0 16,200
UNILEVER N V N Y SHS NEW 904784709 997 25,130 SH   SOLE 0 0 25,130
UNITED STATES STL CORP NEW COM 912909108 490 12,500 SH   SOLE 0 0 12,500
VALE S A ADR 91912E105 1,514 137,500 SH   SOLE 0 0 137,500
VANGUARD INDEX FDS EXTEND MKT ETF 922908652 1,780 21,302 SH   SOLE 0 0 21,302
VANGUARD INDEX FDS GROWTH ETF 922908736 3,817 38,295 SH   SOLE 0 0 38,295
VANGUARD INDEX FDS LARGE CAP ETF 922908637 1,402 15,500 SH   SOLE 0 0 15,500
VANGUARD INDEX FDS REIT ETF 922908553 833 11,593 SH   SOLE 0 0 11,593
VANGUARD INDEX FDS SM CP VAL ETF 922908611 1,612 16,159 SH   SOLE 0 0 16,159
VANGUARD INDEX FDS TOTAL STK MKT 922908769 5,081 50,192 SH   SOLE 0 0 50,192
VANGUARD INTL EQUITY INDEX F ALLWRLD EX US 922042775 1,984 40,288 SH   SOLE 0 0 40,288
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 4,152 99,534 SH   SOLE 0 0 99,534
VANGUARD INTL EQUITY INDEX F FTSE EUROPE ETF 922042874 260 4,715 SH   SOLE 0 0 4,715
VANGUARD INTL EQUITY INDEX F FTSE PACIFIC ETF 922042866 1,586 26,741 SH   SOLE 0 0 26,741
VANGUARD INTL EQUITY INDEX F GLB EX US ETF 922042676 335 6,148 SH   SOLE 0 0 6,148
VERIZON COMMUNICATIONS INC COM 92343V104 642 12,843 SH   SOLE 0 0 12,843
VODAFONE GROUP PLC NEW SPNSR ADR NO PAR 92857W308 739 22,472 SH   SOLE 0 0 22,472
WALGREEN CO COM 931422109 533 9,000 SH   SOLE 0 0 9,000
WAL-MART STORES INC COM 931142103 1,675 21,900 SH   SOLE 0 0 21,900
WASTE MGMT INC DEL COM 94106l109 302 6,350 SH   SOLE 0 0 6,350
WISDOMTREE TR EUROPE HEDGED EQ 97717X701 5,333 92,300 SH   SOLE 0 0 92,300