Subject: File No. SR-Amex-2005-072
From: Michael W. Shaw
Affiliation: Realtor

March 30, 2006

I live in Colorado Mining Country and I have always loved this metal. This fund gives regular folks the opprotunity to own a chunk of Silver It allows us to be players like the Big Guys that only trade fake paper It is time the markets get real and only buy/sell/hold real silver metal.

Sure some of us have coins, some of us have old silverware, I got a truck load of silver ore too But we want the chance to own market shares in the real silver world market.

Please approve this fund now You should shut down the fake paper dealers too

We want to own real shinny silver in the world market Not fake paper any more.

Thanks for your time.