Silver as an investment

Obama Jobs Council hits 1 year without official meeting

Be prepared for the next great transfer of wealth. Buy physical silver and storable food.

President Barack Obama’s Jobs Council hit a notable milestone on Thursday: one year without an official meeting. The 26-member panel is also set to expire at the end of the month, unless Obama extends its tenure.

The group, formally known as the President’s Council on Jobs and Competitiveness, last convened on Jan. 17, 2012 for a White House session where it presented formal recommendations to Obama. It was the panel’s fourth official meeting since it was created in early 2011.

(PHOTOS: 39 photos from Obama’s first term)

A spokesman for Jobs Council chairman Jeffrey Immelt, who’s the CEO of General Electric, referred questions about the panel’s future to the White House.

A White House spokeswoman had no comment Thursday.

POLITICO caused a stir last July by reporting that …

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