Some have said it is the 'Eye Of Horus'
The All Seeing Eye is quite commonly used to depict a deity and other strange things.
During an apparition of the Virgin Mary at the village of Garabandal, she was supposedly seen next to a flaming Eye in a Pyramid.
According to UFO witnesses, there have been sightings of Men in Black wearing the symbol , sometimes with a lightning bolt through the eye, on their cars or lapels.
The Vietnamese religion Cao Dai, as well as a number of other churches, uses the Eye of Providence (specifically, the left eye) within a triangle to represent God.
The most common use for the All Seeing Eye is to represent God, as he is all seeing, and all knowing.