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of course they did - they were the first robbers in the world, namely through silver/gold in Peru and the west coast of south america. They later discovered gold and lots of it! The spanish rarely traded stuff in return, as the natives probably thought the spanish (who later became conquerers) were Gods sent down from above.

The spanish then brought the gold/silver back to trade with the rest of Europe. It is also interesting to know that the English being the smarter nations of them all were the world's first pirates thus robbing the spanish ships as they came back across the atlantic. South america probably had and still has the majority of the gold in the world through the perfect environment brought about many millions years ago.

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