Is QRAY a placebo?

Anecdotal evidence shows that some individuals can benefit physically or psychologically or spiritually from wearing a QRAY.  The question of why it works is open to question.

In medicine, a placebo has come to mean a “sugar pill” a non effective treatment that is given to the patient. But curiously, it has been shown that taking a placebo provides real benefits.  Here is an especially dramatic example:

One more example should suffice to make the point that better designs of placebo studies are needed.

Forty years ago, a young Seattle cardiologist named Leonard Cobb conducted a unique trial of a procedure then commonly used for angina, in which doctors made small incisions in the chest and tied knots in two arteries to try to increase blood flow to the heart. It was a popular technique—90 percent of patients reported that it helped—but when Cobb compared it with placebo surgery in which he made incisions but did not tie off the arteries, the sham operations proved just as successful. The procedure, known as internal mammary ligation, was soon abandoned (“The Placebo Prescription” by Margaret Talbot, New York Times Magazine, January 9, 2000).*

If a golfer with a painful risk asks a friend who is wearing a QRAY about the bracelet and he is told that it takes away his pain the golfer wants to believe that the QRAY has healing powers.  He then buys his own QRAY and finds relief. Is the benefit only in his mind? Is it real?  This is a difficult question. All we know for sure is that many many active individuals believe that there is something here.