Subject: File No. SR-Amex-2005-072
From: Robert Stuemke
Affiliation: SAE (automotive engineers) member 43 years

January 29, 2006

Please allow this new investment vehicle to be sold and traded. It will provide a method for we small investors to hold silver without physical storage issues. A larger and more transparent market for physical silver will occur that will be less subject to speculative manipulation. This will in turn encourage mining and production of this increasingly necessary commodity.