Lyric discussion by jdfick 

A couple of thoughts to add to the discussion. I think the song is generally a love story lyrically portrayed as a war.

I take it that "the magazines" are not printed magazines but rather gun/weapon magazines. In terms of the metaphor I take it as a picture of the ammunition that he's been stockpiling to add to his arsenal for the war/argument they are engaged in.

Also I believe the line is neither "golden arms" or "gold medals" but rather "good news." This would make sense of the title of the song since "Gospel = Good News" and it sounds to me like what he is saying. They stand by the pool and throw out their good news. They're giving up any hope that this relationship can end well.

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