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Note 2 - Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2021
Notes Tables  
Activity in Silver Bullion [Table Text Block]

Three Months Ended March 31, 2021

 

Ounces

  

Cost

  

Fair Value

  

Realized
Gain (Loss)

 

Beginning balance

  558,715,882  $10,472,474,303  $14,797,590,146  $ 

Silver bullion contributed

  164,157,109   4,468,670,836   4,468,670,836    

Silver bullion distributed

  (147,079,936)  (2,990,074,263)  (3,878,623,508)  888,549,245 

Silver bullion sold to pay expenses

  (668,843)  (13,426,100)  (18,635,427)  5,209,327 

Net realized gain

        893,758,572    

Net change in unrealized appreciation/depreciation

        (2,459,779,533)   

Ending balance

  575,124,212  $11,937,644,776  $13,802,981,086  $893,758,572 

Three Months Ended March 31, 2020

 

Ounces

  

Cost

  

Fair Value

  

Realized

Gain (Loss)

 

Beginning balance

  362,616,711  $6,294,157,046  $6,543,418,555  $ 

Silver bullion contributed

  61,719,272   889,817,438   889,817,438    

Silver bullion distributed

  (28,512,880)  (494,644,937)  (484,999,588)  (9,645,349)

Silver bullion sold to pay expenses

  (454,637)  (7,896,659)  (7,971,299)  74,640 

Net realized loss

        (9,570,709)   

Net change in unrealized appreciation/depreciation

        (1,423,211,664)   

Ending balance

  395,368,466  $6,681,432,888  $5,507,482,733  $(9,570,709)