Found a new way to make easy cash.

I boosted my speech to 70 and picked the 5 perks and the lure perk, Adrienne at Warmaidens will now sell:

1 Iron Ore = 4g
1 Iron Ingot = 11g

Firewood is of course free to make. Thus a batch of arrows is the cost of an iron ore or ingot.

At a high enough speech skill, I was able to sell the arrows for 1g each. Thus:

4g -> iron ore -> 24 iron arrows -> 24g -> 20g profit each batch
11g -> iron ingot -> 24 iron arrows ->24g -> 13g profit each batch

So if you make your rounds around all the blacksmiths in Skyrim, the vendors restock and you can make infinite money.

Not really an exploit just a cheap way to make a profit hell you can make about that much just selling the wood to a mill

Well, yeah. not an exploit but i couldn't think of a better word. But i think a little profit in smithing is awesome.

Yeah not really a glitch, you are after all buying resources and creating a product from them. Visiting each town and cutting the wood takes time, and the potential profit is minimal so I can't see a problem here.

Actually this sounds like a new way to boost smithing

Exactly. The problem before is that its expensive to make iron daggers, and it doesnt boost anymore. But if you could get paid to boost smithing, that would work great.

Dragonbone arrows! Wait....

Actually, Arrows are pretty good for boosting smithing, though using transmutation to create gold from iron then making jewelry still works better.