Subject: File No. SR-Amex-2005-072
From: Ramon Palma
Affiliation: none

February 8, 2006

The actions and motivations of the SUA have been and are still...less than admirable. I am in favour of approval of a silver ETF. The price fluctuations that seem to worry the SUA are a normal part of trading a commodity. It is my opinion that the price of silver has been...supressed... for far too long. Thank you.