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Note 7 - Concentration Risk
9 Months Ended
Sep. 30, 2016
Notes to Financial Statements  
Concentration Risk Disclosure [Text Block]
7 - Concentration Risk
 
Substantially all of the Trust’s assets are holdings of silver bullion, which creates a concentration risk associated with fluctuations in the price of silver. Accordingly, a decline in the price of silver will have an adverse effect on the value of the Shares of the Trust. Factors that may have the effect of causing a decline in the price of silver include a change in economic conditions (such as a recession), an increase in the hedging activities of silver producers, and changes in the attitude of speculators, investors and other market participants towards silver.