iRenew Energy Balance bracelet fends off 'imaginary' forces

Perhaps you've seen the infomercials or gotten an email touting the magical powers of the iRenew Energy Balance Bracelet -- just strap it on your wrist and you're stronger, have better balance and are even healthier.

Can it be true? Do placebos really cure disease?

Alternative medicine products that claim to harness mystic powers to re-balance your mind and body have been on the market for years, and their newest iteration is a piece of jewelry whose makers promise "instant results."

At a price tag of $19.99 (plus $7.99 shipping), which if you order "today" entitles you to a free second bracelet (plus another $7.99 shipping), the iRenew site claims its product can block stress caused by traffic jams, tabloid television, even irate bosses. It also boasts a capacity to neutralize excessive exposure to man-made electromagnetic fields, which it says may cause brain tumors, autism, and Alzheimer's disease.

"Although it seems like magic, it is actually science!" the company claims. However, besides "testimonials," the company offers no scientific evidence to back up any of the claims, nor does it share any statistics or clinical test results to inspire confidence that the bracelet really works. There are a series of unintentionally funny videos showing people once weak and without balance suddenly stronger and able to balance.