GSR is 50-Who's trading silver for gold?

I'm on the fence to do this at my LCS. Today they said 57 silver rounds for a one ounce Gold Eagle. What are your thoughts?

 

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Hey! Nice proposition but I checked based on current market price.
They are getting the better of the deal based on my calculations. Silver is $88.33 X 57=5034.81 Gold is 4611.70 per ounce, do the math. Buy Gold Bullion Bars & Coins | APMEX

 

I know I am losing 7 ounces, but I have to pay the premiums on silver and the gold. Don't know any dealers that would do a strait up trade.

 

here is a good guide

 

With Silver going up faster than gold I would expect a better deal. You shouldn't have to pay the premium on both.

 

good point, but I can get a trade in now and keep doing it if keeps getting lower. Gold is the endgame.