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Note 2 - Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2015
Accounting Policies [Abstract]  
Schedule of Stockholders Equity [Table Text Block]
   

Balance at
December 31, 2013

   

ASU 2013-08

Transition Adjustment

   

Balance at
January 1, 2014

 

Redeemable capital Shares

  $ 6,240,747     $ (6,240,747 )   $  

Shareholders’ equity

  $     $ 6,240,747     $ 6,240,747  
Activity in Silver Bullion [Table Text Block]

December 31, 2015

 

Ounces

   

Average
Cost

   

Fair
Value

   

Realized
Gain (Loss)

 

Beginning balance

    329,564.2     $ 6,386,750     $ 5,263,140     $  

Silver bullion contributed

    54,595.7       859,468       859,468        

Silver bullion distributed

    (64,583.5 )     (1,235,547 )     (1,029,094 )     (206,453 )

Silver bullion sold to pay expenses

    (1,641.5 )     (31,419 )     (25,716 )     (5,703 )

Net realized loss on silver bullion

                (212,156 )      

Net change in unrealized appreciation/depreciation on investment in silver bullion

                (461,781 )      

Ending balance

    317,934.9     $ 5,979,252     $ 4,393,861     $ (212,156 )

December 31, 2014

 

Ounces

   

Average
Cost

   

Fair
Value

   

Realized
Gain (Loss)

 

Beginning balance

    320,177.8     $ 6,243,467     $ 6,243,467     $  

Silver bullion contributed

    71,956.1       1,361,917       1,361,917        

Silver bullion distributed

    (60,878.0 )     (1,185,617 )     (1,108,223 )     (77,394 )

Silver bullion sold

    (1,691.7 )     (33,017 )     (31,961 )     (1,056 )

Net realized loss on silver bullion

                (78,450 )      

Net change in unrealized appreciation/depreciation on investment in silver bullion

                (1,123,610 )      

Ending balance

    329,564.2     $ 6,386,750     $ 5,263,140     $ (78,450 )

December 31, 2013

 

Ounces

   

Average
Cost

   

Fair
Value

   

Realized
Gain (Loss)

 

Beginning balance

    324,239.1     $ 8,135,003     $ 9,710,962     $  

Silver bullion contributed

    82,810.6       2,096,484       2,096,484        

Silver bullion distributed

    (85,164.1 )     (2,163,458 )     (2,031,644 )     (131,814 )

Silver bullion sold

    (1,707.8 )     (43,296 )     (41,406 )     (1,890 )

Adjustment to silver bullion inventory(a)

          (1,781,266 )            

Adjustment for realized loss on silver bullion

                (133,704 )      

Adjustment for unrealized loss on silver bullion

                (3,357,225 )      

Ending balance

    320,177.8     $ 6,243,467     $ 6,243,467     $ (133,704 )
Schedule of Capital Units [Table Text Block]
   

Years Ended December 31,

 
   

2015

   

2014

 
   

Shares

   

Amount

   

Shares

   

Amount

 

Shares issued

    57,150     $ 859,468       74,950     $ 1,361,917  

Shares redeemed

    (67,600 )     (1,029,094 )     (63,450 )     (1,108,223 )

Net decrease

    (10,450 )   $ (169,626 )     11,500     $ 253,694  
Temporary Equity [Table Text Block]
   

Year ended December 31,

 
   

2013

 
   

Shares

   

Amount

 

Beginning balance

    335,000     $ 9,706,654  

Shares issued

    85,750       2,096,484  

Shares redeemed

    (88,250 )     (2,031,644 )

Redemption value adjustment

          (3,530,747 )

Ending balance

    332,500     $ 6,240,747