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> On one hand, a single country can't just flood the market with a valuable material Can you elaborate? A few centuries ago Spain extracted so much silver and

> On one hand, a single country can't just flood the market with a valuable material Can you elaborate? A few centuries ago Spain extracted so much silver and gold from the American continent that the price of those precious metals suffered in consequence.

PaulHoule 3y ago
… as far as China!
mikhailfranco 3y ago
No, only silver, not gold. There is no Potosi of gold.
- david-gpu 3y ago
  Thank you, I mistakenly believed that there had been substantial amounts of gold as well, but it appears like it was insignificant in comparison to the silver from Potosí.
  - woleium 3y ago
    Nonsense! I have it on good authority that Eldorado is just over that ridge. /s