Money is a store of value and a medium of exchange. That big fucking rock, cows, and salt and shit don't satisfy the criteria set forth by the definition of money, therefore these things are not money.
What's happening here commonly occurs in OT debates. Karnejj can't effectively debate against the points that I've made, so he's bringing up nonsense instead of debating against the points I've made.
He hasn't refuted my definition of money. He hasn't identified any weaknesses that my definition may have, nor has he proposed an alternative definition. My definition is good.
Karnejj claimed that gold is a bubble. I showed that price multiples of blue chip mining stocks are very low, indicating that there is not a bubble. Karnejj has not addressed this point so I must assume that he agrees with me.
Gold is money. Gold is held as reserves by banks (because it is a store of value) and is used to settle international transactions (as a medium of exchange).