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Statements of Operations (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
EXPENSES    
Sponsor's Fee $ 1,022,000 $ 425,000
Less: Waiver (340,657) (141,742)
Total expenses 681,000 283,000
Net investment loss (681,000) (283,000)
REALIZED AND UNREALIZED GAINS / (LOSSES)    
Realized gain / (loss) on silver transferred to pay expenses 184,000 (3,000)
Realized gain / (loss) on silver distributed for the redemption of Shares 13,011,000 (112,000)
Change in unrealized (loss) on investment in silver (105,220,000) (93,071,000)
Total gain/(loss) on investment in silver (92,025,000) (93,186,000)
Change in net assets from operations $ (92,706,000) $ (93,469,000)
Net increase / (decrease) in net assets per Share $ (2.50) $ (3.95)
Weighted average number of Shares 37,134,444 23,676,923