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The North and South Poles are not magnetic. They indicate the axis of rotation of the earth, and are normally called 'True North' and 'True South'. Located near them (in relative terms) are two other places we call 'Magnetic North' and 'Magnetic South', and it is to these locations that a compass points, not True North or Magnetic North. In fact, Magnetic North and Magnetic South are constantly changing their locations as they 'wobble' around True North and True South.

The terms, 'Magnetic North' and 'Magnetic South' describe locations, and has absolutely nothing to do with their magnetic polarities. For example, the magnetic polarity of the location we call Magnetic North is actually a south pole, which is the reason it attracts the north pole of a magnet or compass needle (unlike poles attract).

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