Balance Sheets (USD $) In Thousands	Jun. 30, 2011	Dec. 31, 2010
ASSETS
Silver bullion inventory (fair value of $10,737,494 and $10,755,319, respectively)	$ 6,383,834	$ 5,632,180
Payable for capital Shares redeemed	(42,339)
Receivable for capital Shares sold		17,958
TOTAL ASSETS	6,341,495	5,650,138
LIABILITIES, REDEEMABLE CAPITAL SHARES AND SHAREHOLDERS' EQUITY (DEFICIT)
Sponsor's fees payable	4,620	4,325
Total liabilities	4,620	4,325
Commitments and contingent liabilities (Note 5)
Redeemable capital Shares, no par value, unlimited amount authorized (at redemption value) - 314,400,000 issued and outstanding at June 30, 2011 and 359,200,000 issued and outstanding at December 31, 2010	10,732,874	10,750,994
Shareholders' equity (deficit)	(4,395,999)	(5,105,181)
TOTAL LIABILITIES, REDEEMABLE CAPITAL SHARES AND SHAREHOLDERS' EQUITY (DEFICIT)	$ 6,341,495	$ 5,650,138