Final answer:
Philip II gained gold & silver from his New World colonies, contributing to the Spanish economy and Crown's wealth.
Explanation:
Gold & silver was one of the main resources that Philip II gained from his colonies in the New World. Colonies like New Spain provided precious metals such as gold and silver, which were essential for the Spanish economy and the Crown's wealth. These resources were exploited through methods like mines and were significant in shaping the global economy during that period.
Learn more about Colonial Resources in the New World here:
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