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Exposure to static magnets for up to 30 minutes had the same effect on resting forearm blood flow and vascular resistance as placebo magnets. These data suggest that static magnets do not result in significant alterations in resting blood flow. Journal of Orthopedic Sports and Physical Therapy. (2002)
Concludes that the application of 1 variety of permanent magnet (bipolar) had no effect on a small group of subjects with chronic low back pain. Journal of the American Medical Association (March 2000)
Article by James D. Livingston, Committee for the Scientific Investigation of Claims of the Paranormal (1998)