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This was just after Sept 11, and during the build-up to the Iraq War.
FORBES: A Cross Country Comparison Of Corporate Income Taxes
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In the legacy report, large speculators, known as non-commercials, decreased gross longs by 21, 077 contracts and raised gross shorts by 280 contracts, reducing their net-long position to 204, 736 contracts, their smallest since Sept 11.
FORBES: FOCUS: Speculators Continue To Trim Bullish Exposure To Metals-CFTC
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This split, nearly a century old, has been cracking back open for at least a decade (the post-Sept 11 consensus masked it for a bit, as did the earlier anti-Sovietism) but now promises to come to the fore again with Hagel.
FORBES: Obama Wields Hagel Cudgel on Two Fronts