{
  "block": 34617611,
  "op": [
    "comment",
    {
      "author": "steemitboard",
      "body": "Congratulations @elsensei! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@elsensei/birthday3.png</td><td>Happy Birthday! - You are on the Steem blockchain for 3 years!</td></tr></table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@elsensei) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=elsensei)_</sub>\n\n\n###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!",
      "json_metadata": "{\"image\":[\"https://steemitboard.com/img/notify.png\"]}",
      "parent_author": "elsensei",
      "parent_permlink": "arbitrage-hacking-your-silver-investment",
      "permlink": "steemitboard-notify-elsensei-20190713t052653000z",
      "title": ""
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2019-07-13T05:26:54",
  "trx_id": "211a59ae203cfa530ec9d0bb2d1363af67eca498",
  "trx_in_block": 8,
  "virtual_op": 0
}

{
  "block": 24131038,
  "op": [
    "comment",
    {
      "author": "steemitboard",
      "body": "Congratulations @elsensei! You have received a personal award!\n\n[![](https://steemitimages.com/70x70/http://steemitboard.com/@elsensei/birthday2.png)](http://steemitboard.com/@elsensei)  2 Years on Steemit\n<sub>_Click on the badge to view your Board of Honor._</sub>\n\n\n**Do not miss the last post from @steemitboard:**\n[SteemitBoard World Cup Contest - Semi Finals - Day 1](https://steemit.com/steemitboard/@steemitboard/steemitboard-world-cup-contest-semi-finals-day-1)\n\n---\n**Participate in the [SteemitBoard World Cup Contest](https://steemit.com/steemitboard/@steemitboard/steemitboard-world-cup-contest-collect-badges-and-win-free-sbd)!**\nCollect World Cup badges and win free SBD\nSupport the Gold Sponsors of the contest: [@good-karma](https://v2.steemconnect.com/sign/account-witness-vote?witness=good-karma&approve=1) and [@lukestokes](https://v2.steemconnect.com/sign/account-witness-vote?witness=lukestokes.mhth&approve=1)\n\n---\n\n> Do you like [SteemitBoard's project](https://steemit.com/@steemitboard)? Then **[Vote for its witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1)** and **get one more award**!",
      "json_metadata": "{\"image\":[\"https://steemitboard.com/img/notify.png\"]}",
      "parent_author": "elsensei",
      "parent_permlink": "arbitrage-hacking-your-silver-investment",
      "permlink": "steemitboard-notify-elsensei-20180713t051959000z",
      "title": ""
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2018-07-13T05:19:57",
  "trx_id": "1ac7ea7fa6a13ef4f87a36a3091f232454841a0e",
  "trx_in_block": 27,
  "virtual_op": 0
}

{
  "block": 13637366,
  "op": [
    "comment",
    {
      "author": "steemitboard",
      "body": "Congratulations @elsensei! You have received a personal award!\n\n[![](https://steemitimages.com/70x70/http://steemitboard.com/@elsensei/birthday1.png)](http://steemitboard.com/@elsensei) Happy Birthday - 1 Year\nClick on the badge to view your own Board of Honor on SteemitBoard.\n\nFor more information about this award, click [here](https://steemit.com/steemitboard/@steemitboard/steemitboard-update-8-happy-birthday)\n> By upvoting this notification, you can help all Steemit users. Learn how [here](https://steemit.com/steemitboard/@steemitboard/http-i-cubeupload-com-7ciqeo-png)!",
      "json_metadata": "{\"image\":[\"https://steemitboard.com/img/notifications.png\"]}",
      "parent_author": "elsensei",
      "parent_permlink": "arbitrage-hacking-your-silver-investment",
      "permlink": "steemitboard-notify-elsensei-20170713t042832000z",
      "title": ""
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2017-07-13T04:28:30",
  "trx_id": "68abdf4f0791009c95bd7d19773a4bbe480bb1ad",
  "trx_in_block": 12,
  "virtual_op": 0
}

{
  "block": 5352048,
  "op": [
    "comment",
    {
      "author": "elsensei",
      "body": "You may be preaching to the choir, here. While I agree that investing in precious metals is wise, the price you pay is paramount. 50%-plus markups just aren't cricket.",
      "json_metadata": "{\"tags\":[\"investing\"]}",
      "parent_author": "seafarer124",
      "parent_permlink": "re-elsensei-re-seafarer124-re-oldtimer-re-elsensei-arbitrage-hacking-your-silver-investment-20160925t050516914z",
      "permlink": "re-seafarer124-re-elsensei-re-seafarer124-re-oldtimer-re-elsensei-arbitrage-hacking-your-silver-investment-20160928t022245609z",
      "title": ""
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-09-28T02:22:45",
  "trx_id": "06070a5ce81fc941e1beeb1d094434c605d2cbb9",
  "trx_in_block": 1,
  "virtual_op": 0
}

{
  "block": 5289505,
  "op": [
    "comment",
    {
      "author": "stephenkendal",
      "body": "Great piece. Happy to upvote. Posted a recent article about SILVER earlier. You and your followers might find it interesting. Now following and looking forward to reading more of your posts. Catch us also on Twitter [Twitter✔](https://twitter.com/StephenPKendal). Cheers. Stephen",
      "json_metadata": "{\"tags\":[\"investing\"],\"links\":[\"https://twitter.com/StephenPKendal\"]}",
      "parent_author": "elsensei",
      "parent_permlink": "arbitrage-hacking-your-silver-investment",
      "permlink": "re-elsensei-arbitrage-hacking-your-silver-investment-20160925t221438101z",
      "title": ""
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-09-25T22:14:39",
  "trx_id": "cc7b91706796e7a18fbe890c212b0167ddd2e884",
  "trx_in_block": 0,
  "virtual_op": 0
}

{
  "block": 5289490,
  "op": [
    "vote",
    {
      "author": "elsensei",
      "permlink": "arbitrage-hacking-your-silver-investment",
      "voter": "stephenkendal",
      "weight": 10000
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-09-25T22:13:54",
  "trx_id": "fbc9ac5ae126fc3f3246f7970631636534ed7f8d",
  "trx_in_block": 4,
  "virtual_op": 0
}

{
  "block": 5268922,
  "op": [
    "comment",
    {
      "author": "seafarer124",
      "body": "Check any gold/silver sales website and check their prices.  I haven't found one yet that is close to spot price for small quantities inclusive of mailing, GST/VAT etc.\n\nI find this more of a way to educate people in their choice between saving in PMs or fiat.  I know where I prefer to have my savings.\n\nLook at a 20 year chart for gold/silver, then look at a fiat chart and see which direction it is going.",
      "json_metadata": "{\"tags\":[\"investing\"]}",
      "parent_author": "elsensei",
      "parent_permlink": "re-seafarer124-re-oldtimer-re-elsensei-arbitrage-hacking-your-silver-investment-20160924t192218961z",
      "permlink": "re-elsensei-re-seafarer124-re-oldtimer-re-elsensei-arbitrage-hacking-your-silver-investment-20160925t050516914z",
      "title": ""
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-09-25T05:05:18",
  "trx_id": "15d8e27674f1b126960e16875db943bfb18cb9e7",
  "trx_in_block": 1,
  "virtual_op": 0
}

{
  "block": 5267922,
  "op": [
    "author_reward",
    {
      "author": "elsensei",
      "permlink": "arbitrage-hacking-your-silver-investment",
      "sbd_payout": "0.000 SBD",
      "steem_payout": "0.000 STEEM",
      "vesting_payout": "231.772982 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-09-25T04:15:21",
  "trx_id": "0000000000000000000000000000000000000000",
  "trx_in_block": 4294967295,
  "virtual_op": 4
}

{
  "block": 5257273,
  "op": [
    "comment",
    {
      "author": "elsensei",
      "body": "I checked this out. I assume this is a link to your affiliate account? I would not call these prices \"affordable\". Over 28 GBP for an ounce of silver? Spot right now is 15.23 GBP.  I'll pass.",
      "json_metadata": "{\"tags\":[\"investing\"]}",
      "parent_author": "seafarer124",
      "parent_permlink": "re-oldtimer-re-elsensei-arbitrage-hacking-your-silver-investment-20160924t091614932z",
      "permlink": "re-seafarer124-re-oldtimer-re-elsensei-arbitrage-hacking-your-silver-investment-20160924t192218961z",
      "title": ""
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-09-24T19:22:18",
  "trx_id": "0ac1ac8d86866da2cb7b9d70d4f1c097fe4f2efe",
  "trx_in_block": 1,
  "virtual_op": 0
}

{
  "block": 5256872,
  "op": [
    "comment",
    {
      "author": "elsensei",
      "body": "Well, I think this is more a technique for people who have some savings already, and are looking for creative returns beyond the regular stock market...especially for people who already see the value in having some metals exposure.\n\nSilver isn't as cheap as it once was (I started buying it at 5 bucks after watching it rise from 3! :) \n\nBrainwashing? Yeah they did a pretty good job. What you do with that wisdom going forward is up to you!",
      "json_metadata": "{\"tags\":[\"investing\"]}",
      "parent_author": "oldtimer",
      "parent_permlink": "re-elsensei-arbitrage-hacking-your-silver-investment-20160924t040726840z",
      "permlink": "re-oldtimer-re-elsensei-arbitrage-hacking-your-silver-investment-20160924t190215575z",
      "title": ""
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-09-24T19:02:15",
  "trx_id": "80c0b63db038e0127afb265db88c234599450bd9",
  "trx_in_block": 0,
  "virtual_op": 0
}

{
  "block": 5244924,
  "op": [
    "vote",
    {
      "author": "elsensei",
      "permlink": "arbitrage-hacking-your-silver-investment",
      "voter": "seafarer124",
      "weight": 10000
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-09-24T09:04:24",
  "trx_id": "33b2ae121772e8fd2467f218bc1c95edc12bed6b",
  "trx_in_block": 2,
  "virtual_op": 0
}

{
  "block": 5240860,
  "op": [
    "vote",
    {
      "author": "elsensei",
      "permlink": "arbitrage-hacking-your-silver-investment",
      "voter": "anotherjoe",
      "weight": 4000
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-09-24T05:41:03",
  "trx_id": "3d423f07d7aefb21d1510f84bda30421dfec63a5",
  "trx_in_block": 2,
  "virtual_op": 0
}

{
  "block": 5238990,
  "op": [
    "comment",
    {
      "author": "oldtimer",
      "body": "People are to lazy for this- Including me. We'll work 50 hours a week for whole year just to get fiat. Silver is cheap, is junk. They brainwashed us really well. Sad but true.",
      "json_metadata": "{\"tags\":[\"investing\"]}",
      "parent_author": "elsensei",
      "parent_permlink": "arbitrage-hacking-your-silver-investment",
      "permlink": "re-elsensei-arbitrage-hacking-your-silver-investment-20160924t040726840z",
      "title": ""
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-09-24T04:07:30",
  "trx_id": "6486e4f686d0c5e63e64c76a9fb224e673e30983",
  "trx_in_block": 1,
  "virtual_op": 0
}

{
  "block": 5238873,
  "op": [
    "vote",
    {
      "author": "elsensei",
      "permlink": "arbitrage-hacking-your-silver-investment",
      "voter": "oldtimer",
      "weight": 10000
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-09-24T04:01:39",
  "trx_id": "8a4eee3a8ac980ff00a5b527f5f606662d0e7fa3",
  "trx_in_block": 1,
  "virtual_op": 0
}

{
  "block": 5238237,
  "op": [
    "vote",
    {
      "author": "elsensei",
      "permlink": "arbitrage-hacking-your-silver-investment",
      "voter": "alina1",
      "weight": 10000
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-09-24T03:29:51",
  "trx_id": "01f818322aa2ab52e10c15345f711f3701398c80",
  "trx_in_block": 1,
  "virtual_op": 0
}

{
  "block": 5236997,
  "op": [
    "comment",
    {
      "author": "elsensei",
      "body": "@@ -5488,16 +5488,17 @@\n p%3E%0A%3Cp%3ENo\n+n\n e of whi\n",
      "json_metadata": "{\"tags\":[\"investing\",\"silver\",\"arbitrage\",\"precious\",\"metals\"]}",
      "parent_author": "",
      "parent_permlink": "investing",
      "permlink": "arbitrage-hacking-your-silver-investment",
      "title": "Arbitrage: Hacking your silver investment."
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-09-24T02:27:51",
  "trx_id": "a984f85f5b58c723f4676ab0c8253a085f91b744",
  "trx_in_block": 0,
  "virtual_op": 0
}

{
  "block": 5236973,
  "op": [
    "comment",
    {
      "author": "elsensei",
      "body": "@@ -2716,17 +2716,17 @@\n the COME\n-x\n+X\n  changes\n",
      "json_metadata": "{\"tags\":[\"investing\",\"silver\",\"arbitrage\",\"precious\",\"metals\"]}",
      "parent_author": "",
      "parent_permlink": "investing",
      "permlink": "arbitrage-hacking-your-silver-investment",
      "title": "Arbitrage: Hacking your silver investment."
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-09-24T02:26:39",
  "trx_id": "cd971948a68b792edcc5d6cc0afd78d842f88205",
  "trx_in_block": 2,
  "virtual_op": 0
}

{
  "block": 5236931,
  "op": [
    "comment_options",
    {
      "allow_curation_rewards": true,
      "allow_votes": true,
      "author": "elsensei",
      "extensions": [],
      "max_accepted_payout": "1000000.000 SBD",
      "percent_steem_dollars": 0,
      "permlink": "arbitrage-hacking-your-silver-investment"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-09-24T02:24:33",
  "trx_id": "ff61a8ac0c993e253e5d81c0247504bc4a80fe21",
  "trx_in_block": 0,
  "virtual_op": 0
}

{
  "block": 5236931,
  "op": [
    "vote",
    {
      "author": "elsensei",
      "permlink": "arbitrage-hacking-your-silver-investment",
      "voter": "elsensei",
      "weight": 10000
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-09-24T02:24:33",
  "trx_id": "ff61a8ac0c993e253e5d81c0247504bc4a80fe21",
  "trx_in_block": 0,
  "virtual_op": 0
}

{
  "block": 5236931,
  "op": [
    "comment",
    {
      "author": "elsensei",
      "body": "<html>\n<p>I've been a precious metals investor since 2002. I'm going to tell you exactly how to juice your returns in the silver market using a technique that I've never seen described by anyone else.&nbsp;</p>\n<p>I'm going to assume you understand what fiat currency is, are familiar with fiat's perfect historical record of falling to valuelessness, are imaginative enough to NOT say things like, \"what good is gold? you can't eat it,\" and are possessed of enough wisdom to want to protect yourself from the knuckleheads in power.&nbsp;</p>\n<p>I'm willing to address some of the above, but those will be other articles for a less-experienced audience.&nbsp;</p>\n<p>Here's the secret- Arbitrage the premiums between two kinds of physical silver. I've used this technique, several times, to make 18-20% returns while maintaining my silver position.&nbsp;</p>\n<p>There are lots of ways to invest in silver: ETFs, individual miners, mining funds, jewelry, COMEX bars, generic coins, or fencing your grandmother's flatware. In the event of a currency collapse, most of these should protect some of your purchasing power. However, pre-1965 US junk silver coins come with a \"reliably volatile\" &nbsp;component built in, and this is what makes this form of silver the best one to invest in vs the others.</p>\n<p>What we call \"junk\" silver are dimes, quarters, and half dollars issued by the US government. They are just like the shrapnel you encounter every day, with one important difference- prior to 1965, those coins were 90% silver!</p>\n<p>Junk silver coins are sold in bags, half-bags and quarter bags. A bag is $1000 face value containing 715 ounces of silver, a half is $500 and a quarter is $250.</p>\n<p>For our example, we're going to assume you have enough scratch to buy a bag. At today's price of $19.75/ounce, a bag of junk where I shop will run $14,264. ($19.95 x 715 = $14,264). The sharp-eyed of you will have noticed that I priced the silver at 19.95 instead of 19.75, and this is where the trick comes in.&nbsp;</p>\n<p>You see, there is a premium associated with junk coins that is unlike anything I've seen elsewhere in the silver market. The premium is the cost differential between the spot price and the street price. I have paid as little as 15 cents UNDER spot for junk coins, and sold them, during panics, for as much as $5 per ounce OVER spot. Understanding the premium differential across two types of physical metal is where you'll make your extra return, all while maintaining your position in silver.&nbsp;</p>\n<p>It works like this-</p>\n<p>1. Open a futures account with your local commodities broker. Deposit enough with him to control 700 ounces in silver contracts.&nbsp;Be warned that the COMEx changes their rules on a whim, so you might need to deposit the full value of your contracts.</p>\n<p>2. Take another $14,250 down to your coin shop and buy a bag of junk (715 ounces). Put it somewhere safe and don't blab about it.&nbsp;</p>\n<p>3. Wait for the panic. Assuming it's like the last time, people will be scrambling to get their hands on physical silver, and premiums on junk will skyrocket. Then go to your coin dealer and sell your coins at spot plus the premium.&nbsp;</p>\n<p>4. Immediately call your broker and buy an equivalent amount of silver via futures contracts. There are regular and mini contracts. Regular is 1000 ounces, a mini is 100 ounces. Here, you'll need 7 minis to approximate a bag. Once the spot price is locked in, tell your broker that you are taking physical delivery. (Most people never do this, so it might take a bit of goading to get it worked out.)&nbsp;</p>\n<p>Pay for your contracts in full.</p>\n<p>5. Wait a month, and be ready to receive&nbsp;700 ounces in the mail. Yes, they really do ship this stuff via the post office.</p>\n<p>6. By now, the mania will have subsided. If it hasn't, wait. You're still in good shape. Put your bars in your safe-storage location. You're still invested in the same amount of physical silver, it's just a different form. Once things have calmed down, call your coin dealer, verify that the premium has evaporated, waltz into the shop and swap the bars for another junk bag. You might get to trade straight across with no paperwork, (I did) or you might pay a small differential, (remember, bars sell at spot and coin premium is variable) but it will be incidental to the windfall you just took off the table.&nbsp;</p>\n<p>7. Store your bags of junk, sit back, and wait for the next mania.</p>\n<p>8. Buy yourself something nice with part of your profits. I mean, why else are you in this game?</p>\n<p>That's the technique. I've done it at least twice over the last decade.&nbsp;</p>\n<p>Last time, I sold around 10 bags of silver to a southern California coin shop at $5/ounce over the spot price. There was a line out the door of people paying the $7/ounce premium quoted by the coin shop. It was a mania.&nbsp;</p>\n<p>\"Spot,\" or the price on the commodities exchange, was about $22.The coin shop cut me a check for $193,050 ((22 spot + 5 premium) x (715 ounces/bag x 10 bags)) = 193,050.&nbsp;</p>\n<p>My 7, one-thousand-ounce silver contracts cost me $157,300. I paid that, then waited for the post office to deliver. It was a bit awkward to see my mail carrier struggling under nearly 500 lbs of ugly, rough-cast silver bars. COMEX bars aren't beautiful like Canadian maple leafs (another story) or historically cool like 100 ounce Soviet palladium bars (yet another story).&nbsp;</p>\n<p>Noe of which matters, because I wanted them for their utility and nothing more.&nbsp;</p>\n<p>Some weeks later, I trucked the bars to my dealer and swapped them straight across for silver bags, which I put them..somewhere safe.&nbsp;</p>\n<p>The difference, over $32,000, was all profit.&nbsp;</p>\n<p>So, that's the How.&nbsp;</p>\n<p>As for When: Right now. I just called my metals dealer and he's buying junk silver at 10 cents under spot, and selling it for 20 cents over. The cheapest I ever bought junk was 15 cents under spot, so we're pretty close to that. If you want to employ the technique I described, now is the time.&nbsp;</p>\n<p>You can live free if you want to. There is always a way.</p>\n<p>Elsensei</p>\n<p>PS. It's always seemed strange to me that pre-'65 coins are called \"junk,\" as they have intrinsic value that far exceeds their face value. As of today's writing, with silver at roughly $20/ounce, a single dime contains about $1.40 in silver. :)</p>\n<p><br></p>\n<p><br></p>\n</html>",
      "json_metadata": "{\"tags\":[\"investing\",\"silver\",\"arbitrage\",\"precious\",\"metals\"]}",
      "parent_author": "",
      "parent_permlink": "investing",
      "permlink": "arbitrage-hacking-your-silver-investment",
      "title": "Arbitrage: Hacking your silver investment."
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-09-24T02:24:33",
  "trx_id": "ff61a8ac0c993e253e5d81c0247504bc4a80fe21",
  "trx_in_block": 0,
  "virtual_op": 0
}

{
  "block": 3151086,
  "op": [
    "account_create",
    {
      "active": {
        "account_auths": [],
        "key_auths": [
          [
            "STM78XGXN8qoSgc1Rxb4fxdG5sHiiLhWiGK9J5ncTfQeqcReqPcjG",
            1
          ]
        ],
        "weight_threshold": 1
      },
      "creator": "steem",
      "fee": "10.000 STEEM",
      "json_metadata": "",
      "memo_key": "STM5qrpLRGw8NMsXLbfuMRrpmdr7rK7mw9iw1KmbbRwMDf7hDv3gz",
      "new_account_name": "elsensei",
      "owner": {
        "account_auths": [],
        "key_auths": [
          [
            "STM62CEswU8RpuWDn4DbozqQ13ETG1jtsS45uicvUBevEBy4MtEHH",
            1
          ]
        ],
        "weight_threshold": 1
      },
      "posting": {
        "account_auths": [],
        "key_auths": [
          [
            "STM6BbNHUbKUbvrfLJhUajHDFJUeJKhsy4QRKWQvezBjjtmGQbxBT",
            1
          ]
        ],
        "weight_threshold": 1
      }
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-07-13T03:45:42",
  "trx_id": "3d83f02b0710c1153219f03197502b67ce057b99",
  "trx_in_block": 1,
  "virtual_op": 0
}