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Note 2 - Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2017
Notes Tables  
Activity in Silver Bullion [Table Text Block]
Three Months Ended March 31, 2017
 
Ounces
 
 
Average
Cost
 
 
Fair
Value
 
 
Realized
Gain (Loss)
 
Beginning balance
   
341,348,242
    $
6,305,715,839
    $
5,543,495,441
    $
 
Silver bullion contributed
   
4,830,754
     
84,171,380
     
84,171,380
     
 
Silver bullion distributed
   
(15,443,140
)    
(285,204,911
)    
(269,671,252
)    
(15,533,659
)
Silver bullion sold to pay expenses
   
(409,659
)    
(7,566,576
)    
(7,056,499
)    
(510,077
)
Net realized loss
   
     
     
(16,043,736
)    
 
Net change in unrealized appreciation/depreciation
   
     
     
630,795,770
     
 
Ending balance
   
330,326,197
    $
6,097,115,732
    $
5,965,691,104
    $
(16,043,736
)
Three Months Ended March 31, 2016
 
Ounces
 
 
Average
Cost
 
 
Fair
Value
 
 
Realized
Gain (Loss)
 
Beginning balance
   
317,934,907
    $
5,979,251,955
    $
4,393,860,514
    $
 
Silver bullion contributed
   
26,987,106
     
412,201,487
     
412,201,487
     
 
Silver bullion distributed
   
(11,952,590
)    
(224,382,205
)    
(172,985,000
)    
(51,397,205
)
Silver bullion sold to pay expenses
   
(390,915
)    
(7,341,829
)    
(5,638,637
)    
(1,703,192
)
Net realized loss
   
     
     
(53,100,397
)    
 
Net change in unrealized appreciation/depreciation
   
     
     
540,719,490
     
 
Ending balance
   
332,578,508
    $
6,159,729,408
    $
5,115,057,457
    $
(53,100,397
)