Peridot is a crystal of positive power, a talisman for recognizing and honoring the Creator's frequency of Love, the source of all abundance. Used with right intent, it helps expand your ability to receive from the Universe on all levels of life. The August birthstone, Peridot, symbolizes strength. It’s sometimes called the “evening emerald” for its light green color. It was once believed that the green peridot crystals found in volcanic ashes were the tears of the volcano goddess, Pele.