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
ETF MANAGERS TR PUREFUNDS ISE JR 26924G102 53 3,584 SH   SOLE   3,584 0 0
ISHARES GLB SILV MIN ETF 464286327 112 8,431 SH   SOLE   8,431 0 0
ISHARES MSCI EURZONE ETF 464286608 25,816 800,000 SH   SOLE   800,000 0 0
ISHARES MSCI MEX CAP ETF 464286822 7,000 139,000 SH   SOLE   139,000 0 0
ISHARES MSCI STH KOR ETF 464286772 15,517 298,000 SH   SOLE   298,000 0 0
ISHARES MSCI TAIWAN ETF 464286731 9,020 642,000 SH   SOLE   642,000 0 0
ISHARES SILVER TRUST ISHARES 46428Q109 538 30,133 SH   SOLE   30,133 0 0
ISHARES TR CHINA ETF 46429B671 16,914 399,000 SH   SOLE   399,000 0 0
ISHARES TR CORE S&P500 ETF 464287200 18,015 85,500 SH   SOLE   85,500 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 1,723 13,622 SH   SOLE   13,622 0 0
SPDR INDEX SHS FDS EURO STOXX 50 78463X202 6,230 200,000 SH   SOLE   200,000 0 0
TPG SPECIALTY LENDING INC COM 87265K102 18,122 1,091,027 SH   SOLE   1,091,027 0 0
VANECK VECTORS ETF TR GOLD MINERS ETF 92189F106 516 18,641 SH   SOLE   18,641 0 0
VANECK VECTORS ETF TR JR GOLD MINERS E 92189F791 130 3,054 SH   SOLE   3,054 0 0