Retail traders using leveraged ETFs were a major driver of January's dramatic gold and silver selloff – BIS

Group 1 - The article discusses a significant sell-off in gold and silver markets, indicating a crash in prices [1][2] - Silver prices peaked before the sell-off, with a notable margin call of 23.45% [1][2] - The leveraged margin in the market has seen a decline of 15.72%, suggesting increased volatility and risk [2] Group 2 - The author, Ernest Hoffman, has extensive experience in market reporting, contributing to the credibility of the analysis [3] - The article emphasizes the importance of monitoring market trends and price fluctuations in commodities like gold and silver [1][2]