Haematite Stretch Bracelets which will grace any wrist. New modern styles look stunning. Magnotherapy is not a new concept, in fact the beneficial properties of magnets on health have been known for thousands of years. Magnetic bracelets are hand strung combining stones and other materials to produce very unique magnetic bracelets suitable for use as magnetic therapy, a night on the town or simply to wear and enjoy. Magnetized hematite has been used for hundreds of years in magnetic therapy.