  We study the phenomenon of gyroscopic precession and the analogues of
inertial forces within the framework of general relativity. Covariant
connections between the two are established for circular orbits in stationary
spacetimes with axial symmetry. Specializing to static spacetimes, we prove
that gyroscopic precession and centrifugal force both reverse at the photon
orbits. Simultaneous non-reversal of these in the case of stationary spacetimes
is discussed. Further insight is gained in the case of static spacetime by
considering the phenomena in a spacetime conformal to the original one.
Gravi-electric and gravi-magnetic fields are studied and their relation to
inertial forces is established.
