Levitation on ferrite magnet by Manelas and Sweet 1

At “overunity .com” there is a thread where a user named “Smudge” point out some experiments made by Arthur Manelas and somehow differently by Floyd Sweet

And it just described an interesting and mindblowing experiment that i could not prevent to replicate ….and with success .
And the question is ……why the nail stay in place independantly of the gravity upside and down???
Just for complementing info i made it with a very small ball bearing steel ball and the effect is there also



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