How were the Spanish conquest of the New World and the golden age of Spanish culture related?

The correct answer to this open question is the following.

The Spanish conquest of the New World and the Golden Age of Spanish culture were related in that the conquest of the New World allowed the Spanish monarchy to have new and vast territories in the Americas, where Spaniards could exploit the raw materials and natural resources to the benefit of the Spanish Crown. This created excessive richness that allowed the Spanish monarchy to considerably invest in arts, painting, and literature. This allowed great Spanish artists to flourish such as painter Diego Velázquez or writers like Miguel de Cervantes Saavedra and Lope de Vega.