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Police officer's gun sucked away by powerful magnets in lab raid
(www.newsweek.com)
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The bullet would not be generating an eddy current.
The eddy currents are induced in the bullet by the magnetic fields as it passes through.
It’s like a generator’s coil that doesn’t have anything attached to it. Because there’s nowhere for it to go, the eddy currents just dissipate when it leaves the magnetic field.