Rahul - when did I say they need RBI or any other approvals?

Coming to you're statement on cost factor of Iridium or Uranium, you're absolutely right they are priced less than gold.. but have you ever seen or brought something with the combination of both and have capacity to attract things?

While I agree with you most people involved in this are frauds and at same time people who lost money cannot not be labeled as victims, since they were greedy in first place.. again it's my individual opinion.