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
ISHARES MSCI TAIWAN ETF ETP 464286731 9,639 637,927 SH   SOLE   637,927 0 0
ISHARES MSCI AUSTRALIA ETF ETP 464286103 27,293 1,231,105 SH   SOLE   1,231,105 0 0
MAXIS NIKKEI 225 INDEX FUND ETP 74016W106 667 39,069 SH   SOLE   39,069 0 0
DIRXN DAILY JR BULL GOLD 3X ETP 25459Y157 780 32,061 SH   SOLE   32,061 0 0
AURICO GOLD INC Common Stock 05155C105 348 106,250 SH   SOLE   106,250 0 0
WISDOMTREE INDIA EARNINGS ETP 97717W422 8,036 364,444 SH   SOLE   364,444 0 0
ISHARES MSCI THAILAND CAPPED ETP 464286624 1,242 16,031 SH   SOLE   16,031 0 0
VELOCITYSHARES 3X INVERSE SI ETP 22542D654 1,364 18,713 SH   SOLE   18,713 0 0
ISHARES MSCI POLAND CAPPED E ETP 46429B606 1,619 67,252 SH   SOLE   67,252 0 0
FIRST TRUST EUROPE ETP 33737J117 330 11,208 SH   SOLE   11,208 0 0
ISHARES MSCI MALAYSIA ETF ETP 464286830 3,872 287,274 SH   SOLE   287,274 0 0
PROSHARES ULTRASHORT BLOOMBE ETP 74347W668 740 9,676 SH   SOLE   9,676 0 0
ISHARES MSCI EMERGING MARKET ETP 464286426 6 100 SH   SOLE   100 0 0
ISHARES MSCI SPAIN CAPPED ET ETP 464286764 11,330 327,175 SH   SOLE   327,175 0 0
ISHARES MSCI FRONTIER 100 ETP 464286145 3 100 SH   SOLE   100 0 0
SPDR STOXX EUROPE 50 ETF ETP 78463X103 2,251 65,791 SH   SOLE   65,791 0 0
DIREXION DLY NAT GAS BULL 3X ETP 25459W227 126 29,481 SH   SOLE   29,481 0 0
ISHARES MSCI ALL PERU CAPPED ETP 464289842 585 18,319 SH   SOLE   18,319 0 0
EGSHARES LOW VOL EM MKTS ETF ETP 268461654 1 100 SH   SOLE   100 0 0
ISHARES MSCI SOUTH KOREA CAP ETP 464286772 32,681 590,997 SH   SOLE   590,997 0 0
ISHARES MSCI ACWI ETF ETP 464288257 15,555 265,914 SH   SOLE   265,914 0 0
THORATEC CORP Common Stock 885175307 0 1 SH   SOLE   1 0 0
MARKET VECTORS RUSSIA ETF ETP 57060U506 4,624 316,259 SH   SOLE   316,259 0 0
DIREXION DAILY BRAZIL BULL 3 ETP 25459Y546 63 7,104 SH   SOLE   7,104 0 0
VANGUARD FTSE ALL-WORLD EX-U ETP 922042775 169 3,612 SH   SOLE   3,612 0 0
PETROCHINA CO LTD -ADR ADR 71646E100 38 343 SH   SOLE   343 0 0
ISHARES MSCI DENMARK CAPPED ETP 46429B523 2,573 54,748 SH   SOLE   54,748 0 0
IAMGOLD CORP Common Stock 450913108 335 123,944 SH   SOLE   123,944 0 0
SILVER BULL RESOURCES INC Common Stock 827458100 4 26,066 SH   SOLE   26,066 0 0
ENDEAVOUR SILVER CORP Common Stock 29258Y103 33 15,000 SH   SOLE   15,000 0 0
ISHARES MSCI MEXICO CAPPED ETP 464286822 7,043 118,595 SH   SOLE   118,595 0 0
IPATH S&P 500 VIX S/T FU ETN ETP 06742E711 37,758 1,198,336 SH   SOLE   1,198,336 0 0
ISHARES MSCI IRELAND CAPPED ETP 46429B507 276 8,006 SH   SOLE   8,006 0 0
MARKET VECTORS GOLD MINERS ETP 57060U100 2,102 114,371 SH   SOLE   114,371 0 0
ISHARES MSCI BELGIUM CAPPED ETP 464286301 1,579 97,419 SH   SOLE   97,419 0 0
GLOBAL X MSCI NORWAY ETF ETP 37950E747 1,193 100,000 SH   SOLE   100,000 0 0
VELOCITYSHARES 3X INVERSE GO ETP 22542D670 741 9,607 SH   SOLE   9,607 0 0
STATOIL ASA-SPON ADR ADR 85771P102 273 15,503 SH   SOLE   15,503 0 0
VELOCITYSHARES VIX SHORT-TRM ETP 22539T621 5,367 125,698 SH   SOLE   125,698 0 0
GLOBAL X SUPERDIVIDEND ETF ETP 37950E549 630 27,311 SH   SOLE   27,311 0 0
ISHARES MSCI NORWAY CAPPED ETP 46429B499 12 500 SH   SOLE   500 0 0
MERCK & CO. INC. Common Stock 58933Y105 0 1 SH   SOLE   1 0 0
IPATH S&P 500 VIX M/T FU ETN ETP 06740C519 374 28,478 SH   SOLE   28,478 0 0
WISDOMTREE EMG MKTS EQ INCOM ETP 97717W315 12,650 300,058 SH   SOLE   300,058 0 0
VELOCITYSHARES INV VIX MEDIU ETP 22542D829 534 12,796 SH   SOLE   12,796 0 0
FORTUNA SILVER MINES INC Common Stock 349915108 51 11,234 SH   SOLE   11,234 0 0
EXETER RESOURCE CORP Common Stock 301835104 19 31,850 SH   SOLE   31,850 0 0
PROSHARES ULTRASHORT MSCI BR ETP 74348A673 168 2,053 SH   SOLE   2,053 0 0
ISHARES MSCI FRANCE ETF ETP 464286707 9,393 381,068 SH   SOLE   381,068 0 0
SANDSTORM GOLD LTD Common Stock 80013R206 274 80,632 SH   SOLE   80,632 0 0
GLOBAL X MSCI COLOMBIA ETF ETP 37950E200 982 76,386 SH   SOLE   76,386 0 0
ALAMOS GOLD INC Common Stock 011527108 240 33,617 SH   SOLE   33,617 0 0
NOVAGOLD RESOURCES INC Common Stock 66987E206 184 62,472 SH   SOLE   62,472 0 0
DIREXION DAILY INDIA BULL 3X ETP 25459Y330 95 1,186 SH   SOLE   1,186 0 0
ISHARES INTERNATIONAL SELECT ETP 464288448 3,032 89,996 SH   SOLE   89,996 0 0
ISHARES GOLD TRUST ETP 464285105 857 74,899 SH   SOLE   74,899 0 0
ISHARES MSCI TURKEY ETF ETP 464286715 1,883 34,679 SH   SOLE   34,679 0 0
SILVERCORP METALS INC Common Stock 82835P103 32 24,144 SH   SOLE   24,144 0 0
TEVA PHARMACEUTICAL-SP ADR ADR 881624209 878 15,267 SH   SOLE   15,267 0 0
WISDOMTREE JAPAN HEDGED EQ ETP 97717W851 588 11,952 SH   SOLE   11,952 0 0
BARRICK GOLD CORP Common Stock 067901108 4 391 SH   SOLE   391 0 0
ISHARES MSCI SWITZERLAND CAP ETP 464286749 8,908 281,106 SH   SOLE   281,106 0 0
ISHARES MSCI FINLAND CAPPED ETP 46429B515 320 10,000 SH   SOLE   10,000 0 0
PROSHARES ULTRA SILVER ETP 74347W353 2,812 73,917 SH   SOLE   73,917 0 0
ISHARES CORE MSCI EMERGING ETP 46434G103 9,867 209,810 SH   SOLE   209,810 0 0
ALLIED NEVADA GOLD CORP Common Stock 019344100 115 132,289 SH   SOLE   132,289 0 0
VELOCITYSHARES 3X INVERSE NA ETP 22542D530 5,078 631,630 SH   SOLE   631,630 0 0
ISHARES MSCI CHINA ETF ETP 46429B671 920 18,312 SH   SOLE   18,312 0 0
WISDOMTREE EUR S/C DIVIDEND ETP 97717W869 478 9,285 SH   SOLE   9,285 0 0
GLOBAL X FTSE GREECE 20 ETF ETP 37950E366 660 49,246 SH   SOLE   49,246 0 0
ISHARES MSCI BRAZIL CAPPED E ETP 464286400 13,189 360,663 SH   SOLE   360,663 0 0
NOVO-NORDISK A/S-SPONS ADR ADR 670100205 1,515 35,789 SH   SOLE   35,789 0 0
MARKET VECTORS VIETNAM ETF ETP 57060U761 4 200 SH   SOLE   200 0 0
ISHARES MSCI PHILIPPINES ETF ETP 46429B408 1,591 41,654 SH   SOLE   41,654 0 0
TIMMINS GOLD CORP Common Stock 88741P103 90 91,963 SH   SOLE   91,963 0 0
ABERDEEN CHILE FUND INC Closed-End Fund 00301W105 2 309 SH   SOLE   309 0 0
ISHARES MSCI ALL COUNTRY ASI ETP 464288182 4,577 75,116 SH   SOLE   75,116 0 0
MAG SILVER CORP Common Stock 55903Q104 98 11,969 SH   SOLE   11,969 0 0
GOLDEN STAR RESOURCES LTD Common Stock 38119T104 2 11,867 SH   SOLE   11,867 0 0
WISDOMTREE JAPAN HEDGED SMAL ETP 97717W521 481 15,853 SH   SOLE   15,853 0 0
PUREFUNDS ISE JUNIOR SIL-ETF ETP 30304R308 13 1,600 SH   SOLE   1,600 0 0
COEUR MINING INC Common Stock 192108504 120 23,532 SH   SOLE   23,532 0 0
ISHARES MSCI BRIC ETF ETP 464286657 2,046 58,417 SH   SOLE   58,417 0 0
DIREXION DLY RUSSIA BEAR 3X ETP 25459W284 158 5,618 SH   SOLE   5,618 0 0
VELOCITYSHARES 3X LONG CRUDE ETP 22542D589 3,141 642,344 SH   SOLE   642,344 0 0
GLOBAL X GOLD EXPLORERS ETF ETP 37950E283 21 2,057 SH   SOLE   2,057 0 0
GOLD RESOURCE CORP Common Stock 38068T105 93 27,423 SH   SOLE   27,423 0 0
SPDR S&P CHINA ETF ETP 78463X400 3,290 41,316 SH   SOLE   41,316 0 0
WISDOMTREE JPN S/C DVD FUND ETP 97717W836 1,255 25,863 SH   SOLE   25,863 0 0
VANGUARD TOTAL INTL STOCK ETP 921909768 5,274 109,108 SH   SOLE   109,108 0 0
PROSHARES ULTRA VIX ST FUTUR ETP 74347W346 14,660 582,920 SH   SOLE   582,920 0 0
IPATH S&P 500 VIX S/T FU ETN ETP 279158109 15 861 SH   SOLE   861 0 0
ROYAL GOLD INC Common Stock 780287108 33 522 SH   SOLE   522 0 0
TELEKOMUNIK INDONESIA-SP ADR ADR 715684106 688 15,222 SH   SOLE   15,222 0 0
GREAT PANTHER SILVER LTD Common Stock 39115V101 122 199,240 SH   SOLE   199,240 0 0
SPDR GOLD SHARES ETP 78463V107 5,255 46,269 SH   SOLE   46,269 0 0
CHINA UNICOM HONG KONG-ADR ADR 16945R104 12 888 SH   SOLE   888 0 0
PROSHARES ULTRASHORT SILVER ETP 74347W114 900 7,540 SH   SOLE   7,540 0 0
INTL TOWER HILL MINES LTD Common Stock 46050R102 15 34,070 SH   SOLE   34,070 0 0
SILVER STANDARD RESOURCES Common Stock 82823L106 211 42,074 SH   SOLE   42,074 0 0
VELOCITYSHARES INV VIX SH-TM ETP 22542D795 38,026 1,221,176 SH   SOLE   1,221,176 0 0
CNOOC LTD-SPON ADR ADR 126132109 54 400 SH   SOLE   400 0 0
PROSHARES ULTRA BLOOMBERG NA ETP 74347W122 397 25,182 SH   SOLE   25,182 0 0
NOKIA CORP-SPON ADR ADR 654902204 446 56,768 SH   SOLE   56,768 0 0
ANHEUSER-BUSCH INBEV-SPN ADR ADR 03524A108 1,646 14,653 SH   SOLE   14,653 0 0
POWERSHARES FTSE RAFI EM MKT ETP 73936T763 1,869 100,304 SH   SOLE   100,304 0 0
HDFC BANK LTD-ADR ADR 40415F101 4 78 SH   SOLE   78 0 0
ISHARES CORE MSCI EAFE ETF ETP 46432F842 25,141 454,491 SH   SOLE   454,491 0 0
DIREXION DLY LAT AMER BULL3X ETP 25459Y652 5 400 SH   SOLE   400 0 0
ISHARES MSCI PACIFIC EX JAPA ETP 464286665 4,741 107,874 SH   SOLE   107,874 0 0
PROSHARES VIX SHORT-TERM FUT ETP 74347W361 188 8,974 SH   SOLE   8,974 0 0
ISHARES MSCI NETHERLANDS ETF ETP 464286814 439 18,359 SH   SOLE   18,359 0 0
PROSHARES ULTRA MSCI MEXICO ETP 74347X518 5 140 SH   SOLE   140 0 0
PROSHARES ULTRASHORT GOLD ETP 74347W395 872 8,698 SH   SOLE   8,698 0 0
PROSHARES ULTRASHORT BLOOMBE ETP 74347W387 2,223 27,095 SH   SOLE   27,095 0 0
PETROLEO BRASILEIRO-SPON ADR ADR 71654V408 1 100 SH   SOLE   100 0 0
SPDR EURO STOXX 50 ETF ETP 78463X202 2,445 66,325 SH   SOLE   66,325 0 0
FIRST MAJESTIC SILVER CORP Common Stock 32076V103 194 38,581 SH   SOLE   38,581 0 0
ISHARES JAPAN LARGE-CAP ETF ETP 464287382 89 1,842 SH   SOLE   1,842 0 0
IPATH S&P GSCI CRUDE OIL TR ETP 06738C786 2,137 170,415 SH   SOLE   170,415 0 0
GOLD FIELDS LTD-SPONS ADR ADR 38059T106 1,382 305,015 SH   SOLE   305,015 0 0
ISHARES MSCI GERMANY ETF ETP 464286806 17,043 621,811 SH   SOLE   621,811 0 0
SPROTT GOLD MINERS ETF ETP 00162Q643 8 462 SH   SOLE   462 0 0
ISHARES MSCI EAFE ETF ETP 464287465 190,478 3,130,919 SH   SOLE   3,130,919 0 0
FIRST TRUST EMERGING MARKETS ETP 33737J182 3,547 164,540 SH   SOLE   164,540 0 0
MARKET VECTORS RUSSIA SMALL ETP 57061R585 30 1,518 SH   SOLE   1,518 0 0
VELOCITYSHARES 2X VIX MED-TM ETP 22539T100 341 15,583 SH   SOLE   15,583 0 0
ISHARES MSCI JAPAN ETF ETP 464286848 94,204 8,381,465 SH   SOLE   8,381,465 0 0
WISDOMTREE EUROPE HEDGED EQU ETP 97717X701 2,570 46,209 SH   SOLE   46,209 0 0
VELOCITYSHARES VIX MED-TERM ETP 22542D787 15 826 SH   SOLE   826 0 0
ISHARES MSCI ITALY CAPPED ET ETP 464286855 5,429 399,176 SH   SOLE   399,176 0 0
DIREXION RUSSIA BULL 3X ETP 25459Y140 3 199 SH   SOLE   199 0 0
ISHARES MSCI SOUTH AFRICA ET ETP 464286780 6,536 100,844 SH   SOLE   100,844 0 0
DRDGOLD LTD-SPONSORED ADR ADR 26152H301 77 49,552 SH   SOLE   49,552 0 0
TAIWAN SEMICONDUCTOR-SP ADR ADR 874039100 448 20,023 SH   SOLE   20,023 0 0
VELOCITYSHARES 2X VIX SH-TRM ETP 22539T613 24,199 8,768,137 SH   SOLE   8,768,137 0 0
SPDR S&P RUSSIA ETF ETP 78463X558 3 200 SH   SOLE   200 0 0
VELOCITYSHARES 3X LONG GOLD ETP 22542D688 175 15,560 SH   SOLE   15,560 0 0
PRIMERO MINING CORP Common Stock 74164W106 167 43,401 SH   SOLE   43,401 0 0
PROSHARES ULTRA GOLD ETP 74347W601 1,350 35,137 SH   SOLE   35,137 0 0
FIRST TRUST DJ GL SEL DVD ETP 33734X200 10 400 SH   SOLE   400 0 0
WISDOMTREE EM SMALL CAP ETP 97717W281 2,066 47,867 SH   SOLE   47,867 0 0
LAKE SHORE GOLD CORP Common Stock 510728108 417 613,884 SH   SOLE   613,884 0 0
PROSHARES ULTRA S&P500 ETP 74347R107 1 10 SH   SOLE   10 0 0
MARKET VECTORS INTERNATIONAL ETP 57061R205 323 13,167 SH   SOLE   13,167 0 0
ARCELORMITTAL-NY REGISTERED NY Reg Shrs 03938L104 61 5,500 SH   SOLE   5,500 0 0
SIBANYE GOLD- SPON ADR ADR 825724206 847 111,870 SH   SOLE   111,870 0 0
EGSHARES EM CONSUMER ETF ETP 268461779 67 2,656 SH   SOLE   2,656 0 0
RIO ALTO MINING LTD Common Stock 76689T104 112 46,090 SH   SOLE   46,090 0 0
HSBC HOLDINGS PLC-SPONS ADR ADR 404280406 585 12,394 SH   SOLE   12,394 0 0
TANZANIAN ROYALTY EXPLORATIO Common Stock 87600U104 137 212,226 SH   SOLE   212,226 0 0
DIREXION DLY JR GOLD BEAR 3X ETP 25459Y561 745 47,482 SH   SOLE   47,482 0 0
DIREXION GOLD MINERS BEAR 3X ETP 25459W235 1,215 49,058 SH   SOLE   49,058 0 0
ASTRAZENECA PLC-SPONS ADR ADR 046353108 77 1,100 SH   SOLE   1,100 0 0
MARKET VECTORS INDONESIA IND ETP 57060U753 3,733 153,682 SH   SOLE   153,682 0 0
DIREXION GOLD MINERS BULL 3X ETP 25459Y389 214 19,137 SH   SOLE   19,137 0 0
ISHARES MSCI HONG KONG ETF ETP 464286871 9,607 467,763 SH   SOLE   467,763 0 0
ISHARES MSCI SWEDEN ETF ETP 464286756 6,184 195,272 SH   SOLE   195,272 0 0
ISHARES MSCI SINGAPORE ETF ETP 464286673 6,594 504,174 SH   SOLE   504,174 0 0
ISHARES CHINA LARGE-CAP ETF ETP 464287184 20,391 489,941 SH   SOLE   489,941 0 0
PROSHARES ULTRA MSCI BRAZIL ETP 74347X120 1 47 SH   SOLE   47 0 0
ISHARES RUSSELL 2000 GROWTH ETP 464287648 0 1 SH   SOLE   1 0 0
ISHARES MSCI UNITED KINGDOM ETP 46434V548 66,681 3,698,473 SH   SOLE   3,698,473 0 0
HECLA MINING CO Common Stock 422704106 373 133,801 SH   SOLE   133,801 0 0
PRETIUM RESOURCES INC Common Stock 74139C102 253 43,800 SH   SOLE   43,800 0 0
ALEXCO RESOURCE CORP Common Stock 01535P106 2 3,781 SH   SOLE   3,781 0 0
BANCO SANTANDER BRASIL-ADS ADR 05967A107 17 3,300 SH   SOLE   3,300 0 0
CHINA MOBILE LTD-SPON ADR ADR 16941M109 477 8,115 SH   SOLE   8,115 0 0
FIRST TRUST STOXX EUROPE ETP 33735T109 618 47,341 SH   SOLE   47,341 0 0
WISDOMTREE GERMANY HEDGED EQ ETP 97717W448 471 18,037 SH   SOLE   18,037 0 0
URANERZ ENERGY CORP Common Stock 91688T104 13 11,334 SH   SOLE   11,334 0 0
SILVERCREST MINES INC Common Stock 828365106 17 14,000 SH   SOLE   14,000 0 0
SEABRIDGE GOLD INC Common Stock 811916105 4 505 SH   SOLE   505 0 0
ISHARES EUROPE ETF ETP 464287861 9,227 216,962 SH   SOLE   216,962 0 0
VELOCITYSHARES 3X LONG NATUR ETP 22542D571 191 47,945 SH   SOLE   47,945 0 0
VANGUARD FTSE EMERGING MARKE ETP 922042858 18,510 462,538 SH   SOLE   462,538 0 0
ISHARES MSCI CANADA ETF ETP 464286509 3,915 135,649 SH   SOLE   135,649 0 0
ISHARES MSCI CHILE CAPPED ET ETP 464286640 1,710 42,882 SH   SOLE   42,882 0 0
ASANKO GOLD INC Common Stock 04341Y105 115 74,270 SH   SOLE   74,270 0 0
PROSHARES VIX MID-TERM FUT ETP 74347W338 1,802 28,208 SH   SOLE   28,208 0 0