Magnetite is an iron oxide mineral that exhibits magnetic properties. Magnetite can align your Chakras and balance yin/yang energies. Magnetite can help to dispel anger and fear, and enhance tenacity and endurance. It is also considered a stone of stability, appropriate for balancing emotions and attracting love and healing energies. Physically it alleviates pain, boosts the immune system, and relieves agitation and depression. Magnetite strengthens the circulatory system, helps with healing blood and bleeding problems.