This is a much watch video by Peter Schiff regarding the Australian 60 Minutes Hit Piece on Euro Pacific Bank. Peter Schiff is the co-owner of Euro Pacific Bank which was, according to Australia’s 60 Minutes, “Allegedly” committing fraud in regards to tax evasion and money laundering schemes.
If you ONLY watch the 60 Minutes Euro Pacific Bank video, you will think that Peter Schiff is some shady character. However, if you watch his long detailed response to all allegations, 60 Minutes Australia turns out to be the BAD GUY. Thus, Peter Schiff stated that he would hire one of the larger law firms in Australia to put out a lawsuit against Fairfax Media, who owns Australia 60 Minutes unless there are a complete retraction and apology.
In Schiff’s response, he says that this law firm has already successfully sued 60 Minutes and the journalist, Nick McKenzie, and won. So, if you watch both the 60 Minutes video and Peter Schiff’s reply, you will see that Fairfax Media is the one that is in trouble for allowing such a false and DEFAMATORY PIECE of journalism to be aired.
However, you be the judge:
You will notice the NEGATIVE THUMBS down are double than the thumbs up, and the comments were turned off.
DISCLAIMER: SRSrocco Report provides intelligent, well-researched information to those with interest in the economy and investing. Neither SRSrocco Report nor any of its owners, officers, directors, employees, subsidiaries, affiliates, licensors, service and content providers, producers or agents provide financial advisement services. Neither do we work miracles. We provide our content and opinions to readers only so that they may make informed investment decisions. Under no circumstances should you interpret opinions SRSrocco Report or Steve St. Angelo offers on this or any other website as financial advice.
Check back for new articles and updates at the SRSrocco Report. You can also follow us on Twitter and Youtube below: