It is an excellent grounding stone and provides a connection from the base of one's spine to the heart of the earth. It is a protective stone that keeps one safe from emotional and physical harm. It provides a shield from negativity. Having Rainbow Obsidian on one's person disperses unloving thoughts that arise from inside or that is directed towards oneself. It brings light and love to one's life. It’s a stone of pleasure bringing gratification to one's life.