The word Hematite is derived from the Greek word for blood "haima" because hematite can be red, as in rogue. The name of the specularite variety comes from the Greek word for mirror, "speculum". Hematite relaxes the mind, and improves memory. It provides calmness. It has been used since the ancient times due to its capacity to attract good luck. It is a very powerful amulet for avoiding accidents. It boosts self-trust. It clears up thoughts, and improves intellectual capacity.