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Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:        
Proceeds from sales of silver bullion inventory to pay expenses     $ 16,285 $ 23,603
Expenses – Sponsor’s fees paid     (16,285) (23,603)
Net cash provided by operating activities     0 0
Supplemental disclosure of non-cash information:        
Silver bullion contributed for subscription of Shares(b)     602,557 [1] 1,390,292 [1]
Silver bullion distributed for redemption of Shares(b)     (534,455) [1] (1,375,301) [1]
Increase (decrease) in cash     0 0
Cash, beginning of period     0 0
Cash, end of period 0 0 0 0
Net income (loss) 288,935 (2,223,063) 426,830 (2,140,309)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:        
Proceeds from sales of investment in silver bullion sold to pay expenses     16,285 23,603
Net realized gain from investment in silver bullion sold to pay expenses 147 363 (108) (1,611)
Cost of silver bullion inventory sold to pay expenses   11,339   21,992
Net realized gain from silver bullion distributed for the redemptions of Shares   91,671 (15,304) (1,619)
Net change in unrealized appreciation/depreciation on investment in silver bullion (291,600)   (427,662)  
Adjustment to silver bullion inventory(a)   2,121,444 [2]    [3] 2,121,444 [2],[3]
Change in operating assets and liabilities:        
Sponsor’s fees payable     $ (41) $ (1,508)
[1] Presented at fair value for the six months ended June 30, 2014 and at cost for the six months ended June 30, 2013.
[2] Previously reported as "market value reserve."
[3] Previously reported as "market value reserve." Please refer to Note 2C for accounting policy.