Take the following as truth: Soon Spain found itself the recipient of immense wealth in the form of gold and silver, and the Spanish rulers, eager for more, turned their attention away from the Mediterranean and Ibiza towards both the New World and the heart of Europe, where Spanish ambitions rapidly expanded.
Then the following statement: "With many riches from the Mediterranean and Ibiza, Spanish rulers decided to expand into the New World." is true, false, or inconclusive?
Answer: True