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Statements of Operations (USD $)
6 Months Ended 12 Months Ended
Dec. 31, 2009
Dec. 31, 2011
Dec. 31, 2010
REVENUES      
Value of silver transferred to pay expenses $ 206,026 [1] $ 1,928,747 $ 471,033
Cost of silver transferred to pay expenses (178,527) [1] (1,319,383) (389,690)
Gain on silver transferred to pay expenses 27,499 [1] 609,364 81,343
Gain on silver distributed for the redemption of shares 3,842,918 [1] 78,822,014 8,657,067
Total gain on silver 3,870,417 [1] 79,431,378 8,738,410
EXPENSES      
Sponsor’s fee, net of waiver (Note 2.7) 206,026 [1] 1,955,837 595,965
Total expenses 206,026 [1] 1,955,837 595,965
Net gain from operations $ 3,664,391 [1] $ 77,475,541 $ 8,142,445
Net gain per share (in Dollars per share) $ 0.48 [1] $ 4.18 $ 0.83
Weighted average number of Shares (in Shares) 7,648,171 [1] 18,526,027 9,847,671
[1] Date of Inception