Which statement BEST describes how Spain was affected by its discovery of silver and gold in the "New World"?

Responses
A Spain’s colonies rebelled because of disputes over ownership of the mines.Spain’s colonies rebelled because of disputes over ownership of the mines.
B Spain allied with Great Britain to ensure the metals made it back to Europe.Spain allied with Great Britain to ensure the metals made it back to Europe.
C Spain failed to use the profit to become the dominant European economic power.Spain failed to use the profit to become the dominant European economic power.
D Spain's naval forces secured the precious metals allowing the country to flourish.

C Spain failed to use the profit to become the dominant European economic power.