Income Statements (USD $) In Thousands, except Share data	3 Months Ended		6 Months Ended
	Jun. 30, 2011	Jun. 30, 2010	Jun. 30, 2011	Jun. 30, 2010
Revenue
Proceeds from sales of silver to pay expenses	$ 16,864	$ 6,626	$ 29,286	$ 13,026
Cost of silver sold to pay expenses	(8,263)	(5,038)	(14,915)	(10,287)
Gain on sales of silver to pay expenses	8,601	1,588	14,371	2,739
Gain on silver distributed for the redemption of Shares	1,962,478	56,779	2,435,610	110,206
Total gain on sales and distributions of silver	1,971,079	58,367	2,449,981	112,945
Expenses
Sponsor's fees	(16,169)	(6,690)	(29,581)	(12,972)
Total expenses	(16,169)	(6,690)	(29,581)	(12,972)
NET INCOME	$ 1,954,910	$ 51,677	$ 2,420,400	$ 99,973
Net income per Share	$ 5.71	$ 0.17	$ 6.97	$ 0.33
Weighted-average Shares outstanding	342,251,099	299,169,780	347,138,122	303,233,978