Subject: File No. SR-Amex-2005-072
From: M CHOI
Affiliation: Educator

January 27, 2006

Please let the market fix the price and provide more investment tools for people. The invisible hand of demand and supply would work the wonder in a free market.

The regulating body should only be responsible and make sure that all participating parties would follow the rules of the game.

As a small investor, I would be only too happy to know that there will have another option to invest in the silver market. The silve EFT should be approved long ago and should not be delayed anymore.