Subject: File No. SR-Amex-2005-072
From: Tim Garber

January 26, 2006

I support and encourage the SEC to approve this investment vehicle. In a capitalistic country like ours, the free market should determine the price of a commodity. Any manipulation or restriction of supply or demand simply creates inequalities that benefit some to the detriment of others. I would encourage ETFs for not only gold and silver, but any other commodity that investors are interested in.