Schedules of Investments (Unaudited)

3 Months Ended

Mar. 31, 2020

Notes to Financial Statements

Investment Holdings, Schedule of Investments [Text Block]

Schedules of Investments (Unaudited)

At March 31, 2020 and December 31, 2019

March 31, 2020

Description	Ounces		Cost		Fair Value
Silver bullion		395,368,466	$	6,681,432,888	$	5,507,482,733
Total Investment – 100.04%						5,507,482,733
Less Liabilities – (0.04)%						(2,365,640	)
Net Assets – 100.00%					$	5,505,117,093

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

See notes to financial statements.