Subject: File No. SR-Amex-2005-072
From: Clinton H Cruickshank
Affiliation: CEO

January 27, 2006

I strongly beleive the SEC must approve the silver ETF so that silver can be traded in a free market finally.

The fact that silver price has been kept "artificially" so low due to manipulation of certain very powerful "interest groups" is pricisely the reason why these groups are afraid of a rise in silver price. But the only way we'll have great supply of silver to meet the enormous use of this precious/commodity metal is if the price makes it attractive for silver mines to work and make a decent earning for their shareholders. Please let's do what is right and loosing long tied-up silver market.
Thank for the opportunity to express our views, on such fundamental subject.

Clinton Cruickshank