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Lodestones are natural magnets.  Magnetite, which is not always magnetic, that has been magnetized is what makes a lodestone.  Because of it’s magnetic property, lodestones draw in energy.  In Magick they are used to draw money, love and luck etc. to you.  They are usually carried in pairs in a mojo.  To care for your lodestone, feed it lodestone food which is iron shavings.