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
FIDELITY TOTAL BD ETF 316188309 22,811 464,200 SH   SOLE   464,200 0 0
INDEXIQ ETF TR IQ GLB RES ETF 45409B883 5,318 193,000 SH   SOLE   193,000 0 0
ISHARES GOLD TRUST ISHARES 464285105 46,548 3,656,500 SH   SOLE   3,656,500 0 0
ISHARES INC MSCI FRNTR100ETF 464286145 16,956 482,900 SH   SOLE   482,900 0 0
ISHARES INC CORE MSCI EMKT 46434G103 24,236 415,000 SH   SOLE   415,000 0 0
ISHARES TR CORE S&P TTL STK 464287150 6,955 115,000 SH   SOLE   115,000 0 0
ISHARES TR TIPS BD ETF 464287176 73,157 647,100 SH   SOLE   647,100 0 0
ISHARES TR MSCI EMG MKT ETF 464287234 14,967 310,000 SH Call SOLE   310,000 0 0
ISHARES TR MSCI EMG MKT ETF 464287234 14,363 297,500 SH Put SOLE   297,500 0 0
ISHARES TR BARCLAYS 7 10 YR 464287440 42,636 413,200 SH   SOLE   413,200 0 0
ISHARES TR MSCI ACWI ETF 464288257 391 5,400 SH   SOLE   5,400 0 0
ISHARES TR SHORT TREAS BD 464288679 25,110 227,500 SH   SOLE   227,500 0 0
ISHARES US ETF TR SHT MAT BD ETF 46431W507 214,810 4,282,500 SH   SOLE   4,282,500 0 0
ISHARES US ETF TR COMMOD SEL STG 46431W853 14,409 390,300 SH   SOLE   390,300 0 0
JP MORGAN EXCHANGE TRADED FD ULTRA SHRT INC 46641Q837 49,658 992,500 SH   SOLE   992,500 0 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 39,317 245,500 SH   SOLE   245,500 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 61,879 491,900 SH   SOLE   491,900 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 456,354 1,734,200 SH Call SOLE   1,734,200 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 111,945 425,400 SH Put SOLE   425,400 0 0
VANECK VECTORS ETF TR GOLD MINERS ETF 92189F106 1,994 90,700 SH   SOLE   90,700 0 0
VANECK VECTORS ETF TR RARE EARTH STRAT 92189F742 1,858 66,800 SH   SOLE   66,800 0 0
VANGUARD INDEX FDS SM CP VAL ETF 922908611 40,679 314,300 SH   SOLE   314,300 0 0