What was the difference between the gold bugs in the silverites?

Gold bugs were advocates for a monetary system based on gold, believing it would provide greater economic stability and prevent inflation. In contrast, silverites supported the use of silver, often favoring a bimetallic standard that included both gold and silver to increase the money supply and stimulate economic growth. The gold bugs typically represented the interests of bankers and industrialists, while silverites were often associated with farmers and laborers who sought relief from debt. This conflict highlighted broader economic tensions in the late 19th century in the United States.