Subject: File No. SR-Amex-2005-072
From: Thomas O. Holiday

February 4, 2006

I would like to see the proposed silver ETF approved. I believe in free market capitalism, and by approving the iShares Silver Trust you will be promoting a free silver market.

I also believe more jobs will be created in the mining industry as a result of this ETF. This will be good for the economy and good for America.