Dear Bearing Arms Reader,
We are one year into the most successful presidential term in history. President Trump continues to prove his doubters wrong, posting victories many assumed were never possible. For the first time in 50 years, the U.S. achieved net migration in 2025, reversing Biden’s disastrous open border policies and sending more than 2.6 million illegal aliens home through deportations and self-departures. The Department of Homeland Security arrested more than 650,000 illegal aliens, including the worst of the worst – killers, rapists, gang members, and drug traffickers. Fentanyl trafficking at the Southern border has decreased by more than 56 percent, and narco terrorists transporting drugs into the country have been eliminated with lethal force, saving an untold number of American lives. The Trump administration continues to prove that nothing will stop it from protecting American citizens and keeping America safe.
One year into the Trump administration, the price of gas has dropped to a five-year low, with prices below $3 per gallon in 43 states and below $2 per gallon in 19. Inflation has fallen 70 percent from the Biden-era peak. Real GDP rose 4.3 percent in the third quarter of 2025, smashing economists’ predictions. Egg prices have dropped 89 percent, and President Trump has secured roughly $10 trillion in new domestic investments. Simply put, the Golden Age of America is well on its way.
In the first year of President Trump’s second term, he ended the Israel-Hamas war by brokering a ceasefire, secured the release of the hostages, and announced a plan to restore peace to the region. President Trump has destroyed Iran’s nuclear weapons capability and ended Nicolás Maduro’s reign of terror through an operation only this administration could pull off. Simply put, President Trump’s foreign policy has made the world and America much safer.
And we’re not done winning yet.
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43 Comments
Production mix shifting toward USA might help margins if metals stay firm.
Production mix shifting toward USA might help margins if metals stay firm.
Good point. Watching costs and grades closely.
Exploration results look promising, but permitting will be the key risk.
Good point. Watching costs and grades closely.
Good point. Watching costs and grades closely.
I like the balance sheet here—less leverage than peers.
Interesting update on Celebrating One Year of Trump’s Second Term: VIP Flash Sale!. Curious how the grades will trend next quarter.
Good point. Watching costs and grades closely.
Good point. Watching costs and grades closely.
Exploration results look promising, but permitting will be the key risk.
Good point. Watching costs and grades closely.
Exploration results look promising, but permitting will be the key risk.
Good point. Watching costs and grades closely.
The cost guidance is better than expected. If they deliver, the stock could rerate.
Exploration results look promising, but permitting will be the key risk.
Good point. Watching costs and grades closely.
Production mix shifting toward USA might help margins if metals stay firm.
The cost guidance is better than expected. If they deliver, the stock could rerate.
Good point. Watching costs and grades closely.
Good point. Watching costs and grades closely.
Interesting update on Celebrating One Year of Trump’s Second Term: VIP Flash Sale!. Curious how the grades will trend next quarter.
Good point. Watching costs and grades closely.
Good point. Watching costs and grades closely.
If AISC keeps dropping, this becomes investable for me.
Good point. Watching costs and grades closely.
Silver leverage is strong here; beta cuts both ways though.
Good point. Watching costs and grades closely.
Good point. Watching costs and grades closely.
Interesting update on Celebrating One Year of Trump’s Second Term: VIP Flash Sale!. Curious how the grades will trend next quarter.
Good point. Watching costs and grades closely.
Good point. Watching costs and grades closely.
Production mix shifting toward USA might help margins if metals stay firm.
Good point. Watching costs and grades closely.
Good point. Watching costs and grades closely.
Production mix shifting toward USA might help margins if metals stay firm.
Good point. Watching costs and grades closely.
Exploration results look promising, but permitting will be the key risk.
Good point. Watching costs and grades closely.
Good point. Watching costs and grades closely.
Nice to see insider buying—usually a good signal in this space.
The cost guidance is better than expected. If they deliver, the stock could rerate.
Nice to see insider buying—usually a good signal in this space.