XML 15 R4.htm IDEA: XBRL DOCUMENT v3.20.2
Statements of Operations (Unaudited) - USD ($)
 3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Expenses        
Sponsor's fees $ 16,902,576 $ 7,818,311 $ 33,532,919 $ 19,592,036
Total expenses 16,902,576 7,818,311 33,532,919 19,592,036
Net investment loss (16,902,576) (7,818,311) (33,532,919) (19,592,036)
Net Realized and Unrealized Gain (Loss)        
Silver bullion sold to pay expenses 4,011,930 (311,270) 3,503,331 (2,193,141)
Silver bullion distributed for the redemption of Shares 646,100,731 9,844,202 625,895,752 (48,790,441)
Net realized gain (loss) 650,112,661 9,532,932 629,399,083 (50,983,582)
Net change in unrealized appreciation/depreciation 2,589,764,531 710,091,263 2,853,247,014 698,760,565
Net realized and unrealized gain 3,239,877,192 719,624,195 3,482,646,097 647,776,983
Net increase (decrease) in net assets resulting from operations $ 3,222,974,616 $ 711,805,884 $ 3,449,113,178 $ 628,184,947
Net increase (decrease) in net assets per Share (in dollars per share) [1] $ 5.42 $ 1.82 $ 7.08 $ 1.78
[1] Net increase in net assets per Share based on average shares outstanding during the period.