Schedules of Investments

12 Months Ended

Dec. 31, 2019

Notes to Financial Statements

Investment Holdings, Schedule of Investments [Text Block]

Schedules of Investments

At December 31, 2019 and 2018

December 31, 2019

Description	Ounces		Cost		Fair Value
Silver bullion		362,616,711	$	6,294,157,046	$	6,543,418,555
Total Investment – 100.04%						6,543,418,555
Less Liabilities – (0.04)%						(2,659,990	)
Net Assets – 100.00%					$	6,540,758,565

December 31, 2018

Description	Ounces		Cost		Fair Value
Silver bullion		317,233,610	$	5,641,558,156	$	4,906,017,787
Total Investment – 100.04%						4,906,017,787
Less Liabilities – (0.04)%						(1,981,164	)
Net Assets – 100.00%					$	4,904,036,623

See notes to financial statements.