Oxygen is MAGNETIC?!

Oxygen is not magnetic. The negatively charged ions that hang out with the oxygen are.  It is the same thing with ozone, it is not magnetic but the negatively charged ions are.  That is why there is a hole in the ozone at the poles.  As the magnetic field of the planet reverses the North and South polarity is moving in towards the center of our planet, pulling the ozone toward the Equator.