(Authentic)

The Spinel (masculine name) is reputed to be a powerful stone, stone of protection against negative and malevolent energies (black magic and various manipulations), attempts at "hard", repetitive and ill-intentioned psychic intrusions.
Said to attract money, wealth and abundance. Improves relationships and promotes love.
Open the chakras and facilitates the rise of kundalini energy along the spine. Promotes the renewal of energy, encourages during difficult circumstances and contributes to rejuvenation. Intensifying the positive aspects of the personality, enabling success and accepting success with humility, 
Black Spinel: In addition to conveying the generic properties of spinel, the black variety grounds to balance rising kundalini energy, offers insights into material issues, and bestows the vigor needed to carry on.
The red variety: In addition to conveying the generic properties of spinel, stimulates vitality and physical strength, raises kundalini energy, opening and aligning the root chakra.
The purple variety: In addition to conveying the generic properties of spinel, stimulates spiritual development and facilitates astral travel.