Did you hear Carter? It's the single most expensive piece of of equipment made by man. Why don't we make gold plated bullets 'cause gold is sorta hard, and we can better see the bullets? Cost effectiveness, that's why.
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Gold is actually very soft...
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I was making a point, but gold is still metal. Have you had a gold ring thrown at your head? Doesn't feel soft then...
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Except in the case of a slipspace drive launched at a ship, it would be more effective than everything else, while being more expensive. Gold might be the most expensive, but it's certainly not the most effective.