Matthew Tyrmand: George Soros Made Billions from Brexit, But True Calling Is to ‘Engineer the Open Society, Borderless Utopia’

WASHINGTON, DC - APRIL 17: Soros Fund Management Chairman George Soros attends a meeting with finance and development ministers, international partners and the presidents of Liberia, Sierra Leone and Guinea about the ongoing efforts to recover from the Ebola outbreak in West Africa during the World Bank- International Monetary Fund …
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“The more I think about Soros, how he was positioned both into the Brexit, and how he was positioned for either outcome after, this could have been the greatest pump and dump in history,” said Breitbart News contributor Matthew Tyrmand, referring to left-wing billionaire George Soros, on Wednesday’s Breitbart News Daily.

“This guy, he was all but retired. He was not actively managing his family office, and his hedge fund, his funds in the marketplace. He had a whole staff doing it. He was focusing on his philanthropy,” said Tyrmand, who has written extensively about Soros’ manipulation of international politics as a financial instrument.

“But he came out of retirement, and it actually came out a few months ago that his American fund, Soros Fund Management, got really, really short,” he continued, agreeing with SiriusXM host Stephen K. Bannon’s summary of the Soros strategy as “betting against the market” because “he expects bad stuff to happen and prices to drop.”

“He even went public, saying that he was getting short, especially in American markets,” Tyrmand pointed out.

At the same time, Soros was engineering “reflexivity trade,” which is “the idea that he could put a bid in the markets through both engaging the markets directly with capital as well as the media, the vocalization that Britain is going to stay in, it’s gonna be great P.R., the market’s gonna rise.”

Tyrmand said he discovered Soros sold $10 billion worth of S&P futures in the days before the Brexit vote, and then $3 billion in futures in the last hour of trading before the vote was cast.

“Overnight, he made hundreds of millions on the futures trade, the next day on the gold trade,” said Tyrmand. “So even though he was set up with this reflexivity trade, it didn’t cost him a lot of capital to get this bid in the market to lever it back.”

He praised the Soros strategy as “brilliant,” describing it as a “social and philosophical phenomenon, this idea of reflexivity, for a long, long time.”

“It’s like yelling ‘fire!’ in a crowded theater, and getting people to run out of the theater, and creating an ‘event’ out of nothing. That’s reflexivity – a run on banks is a reflexivity,” he said, using Soros’ famous shorting of the British pound as an example. As Tyrmand put it, “He got short, then he got vocal, and he drove an outcome that got him paid off.”

Describing the result as a “self-fulfilling prophecy” that did not quite come together, he said:

I think that he was structuring and really leading the charge for this reflexivity trade, through all sorts of coercive mechanisms into the Brexit, trying to get the sentiment, optically, for people to see the markets rally; things are going to be quote-unquote “fine,” Europe is going to be intact – and this created a very strong bid for the market.

“It failed, thank God. This is a great inflection point in global freedom. Democracy finally wins one,” said Tyrmand. “But you know what? Utopia is going to have to wait another day, but Soros at least made money from it. In his mind, that will future fund Utopia.”

Tyrmand said:

So he got set up very short, obviously, going into the event – and then after the event, on Friday morning, I just found out that he shorted half of the floats of Deutsche Bank – I’m sorry, half a percent. Seven million shares of Deutsche Bank stock. And this is very, very smart, because if the EU is going to fail, Deutsche Bank is going to be the largest company that goes under. I mean, the company’s going to go bankrupt.

“This is a very ballsy trade because the stock has actually been beat up. The probabilities of European disintegration are a little higher than the financial media, and the mainstream media tried to vocalize in the week coming in,” he continued. “So he has a 7 million share short position in Deutsche Bank – this is a $100 million bet. And it’s a really aggressive bet because Deutsche Bank is already down 60 percent on the fears.”

Tyrmand said Soros seemed to have come roaring out of retirement to “run roughshod around the markets,” with ultimate goals that reach far beyond making more money.

“He’s got a bigger calling in his mind: to engineer the open society, borderless Utopia,” Tyrmand said. “And so that maybe sort of failed with the EU, but he might as well make quite a few billion bucks so he can further fund Utopia.”

He predicted that if Soros bet correctly, and Deutsche Bank goes under, he will end up making many times the $2 billion or so he invested in setting up his reflexivity trade – and if the European Union comes apart, bringing down its central banks, then contrary to the apocalyptic post-Brexit conventional wisdom of the mainstream media, “the U.K. is going to be the best place to be.”

Tyrmand was also excited to announce the Clinton Cash documentary would be distributed in Poland, where a NATO summit will soon begin.

Said Tyrmand:

In a week, the NATO summit starts. Twenty-eight world leaders are going to be in Warsaw. They’re going to see billboards for Clinton Cash. They’re going to wake up; outside their hotel window is going to be a nice multi-story Clinton Cash promo, so it’s going to be a lot of fun. We put a billboard right outside the airport, so all the heads of state, when they’re going to central Warsaw, they see Clinton Cash coming to Poland.

“So the world’s going to know how corrupt Hillary Clinton is, in large part thanks to the work you and Peter Schweizer did,” he told Bannon, who worked on the film.

Breitbart News Daily airs on SiriusXM Patriot 125 weekdays from 6:00 a.m. to 9:00 a.m. Eastern.



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