Spain's Empire By johnsonb18 Jan 20, 1500 Spain Expelled Jews and Muslims Caused inflation Jan 20, 1555 Peace of Augsburg Allowed German princes to choose the religion for their territory. Jan 20, 1588 Spanish Armada Defeated Jan 20, 1600 American Gold American mines supplied the Spanish with 339,000 lbs of gold. Jan 20, 1650 Spanish Golden Age of Arts