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Statements of comprehensive income (loss) - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Income    
Net realized losses on redemptions and sales of silver bullion $ (4,536,914) $ (5,400,608)
Change in unrealized gains (losses) on silver bullion 136,938,140 (76,160,284)
Total income 132,401,226 (81,560,892)
Expenses    
Management fees (note 8) 4,197,501 4,027,753
Bullion storage fees 1,199,085 1,248,391
Sales tax 349,914 355,916
Listing and regulatory filing fees 147,639 157,874
Unitholder reporting costs 113,234 50,751
Administrative fees 109,495 98,821
Legal fees 87,130 77,839
Custodial fees 11,714 19,746
Audit fees 72,026 45,992
Trustee fees 3,770 4,187
Independent Review Committee fees 11,045 8,466
Net foreign exchange losses 347 356
Total expenses 6,302,900 6,096,092
Net income (loss) and comprehensive income (loss) $ 126,098,326 $ (87,656,984)
Weighted average number of Units 153,800,647 150,405,589
Increase (decrease) in total equity from operations per Unit $ 0.82 $ (0.58)