Group 1 - Bill Gross warns that gold has become a "momentum/meme asset" and advises potential buyers to "wait a bit longer" [1] - Regional banks' credit issues may continue to impact stock and bond markets, with Gross highlighting recent loan fraud cases at two U.S. regional banks [1] - Zions Bank reported a $60 million provision for two loans and wrote off $50 million, which represents 5% of its expected earnings for 2025 [1] Group 2 - Gross predicts that the U.S. economy is slowing down and will soon see growth drop to 1%, while the 10-year U.S. Treasury yield will not fall below 4%, likely approaching 4.5% [1] - Following Gross's comments, spot gold prices reached a historical high near $4,380 but fell over 2% to below $4,250 during trading [1]