Colonies (especially Silver) should be vastly more profitable than they currently are. While it should take longer to ramp up production, they should also produce far more. Influxes of silver completely devastated Europe through silver and the mercenaries bought, and this should be modelled with the first colonisers able to enjoy rapaciously tearing through rich central Americans, and being able to import that same devastation home as they fund foreign wars and repeatedly bankrupt themselves
Colonies (especially Silver) should be vastly more profitable than they currently are. While it should take longer to ramp up production, they should also produce far more. Influxes of silver completely devastated Europe through silver and the mercenaries bought, and this should be modelled with the first colonisers able to enjoy rapaciously tearing through rich central Americans, and being able to import that same devastation home as they fund foreign wars and repeatedly bankrupt themselves