They are HOT right now in the jewelry making world.  Those 6X8 faceted magnetic hematite beads.  It seems facinating, because it is.  These are not naturally magnetic, but lend themselves well to this process, because of the high iron content in the hematite.  They polish up beautiful and shiny, and here is a tip, should they start to lose their magnatism, just put them on a heavy magnet and they recharge! Just a little tip to keep wearing those beautiful wraps!