A conductor assembly that contains a flexible conductor and a layer of nanomagnetic material coated onto the conductor. The layer of nanomagnetic material has a tensile modulus of elasticity of at least about 15106 pounds per square inch, an average particle size of less than 100 nanometers, a saturation magnetization of from about 200 to about 26,000 Gauss, and a thickness of less than about 2 microns.

 
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