40/1 would make sense if you bought silver now because it’s over 80. Your 80 ounces would turn into two ounces of gold if I am thinking correctly. Alchemy!!! Yeah I have thought of trading now but two things arise:
1) Storage issues
2) doubt that we would ever get a 40/1 scenario again.
I think most people are thinking about trading their gold for silver with the ratio this lopsided. I think the general idea is just to trade as many ounces of one metal as you want for whatever that buys in the other. Of course the dealer will take the vig, that is how they survive.