Sigurd and Regin went up to Gnitaheid, and there found Fafnir’s slot, or track, along which he crawled to the water.  There on the way Sigurd made a large pit, and went down into it.  When Fafnir crawled from the gold he blew forth venom, but it flew over Sigurd’s head.  When Fafnir crept over the pit, Sigurd with his sword pierced him to the heart.  Fafnir shook himself, and beat with his head and tail.  Sigurd leapt from the pit, and each looked at the other.  Fafnir said: 

1.  Young fellow! young fellow! by what fellow art thou begot? of what people are thou the son? that thou in Fafnir reddenst thy glittering falchion?  Thy sword has pierced my heart.

Sigurd concealed his name, because it was the belief in those times, that the words of dying persons were of great power, if they cursed an enemy by his name.

Sigurd.

2.  Gofugt-dyr I am called, but I have wandered a motherless child; nor have I a father like the sons of men:  alone I wander.

Fafnir.

3.  If thou hast no father like the sons of men, by what wonder art thou begotten?

Sigurd.

4.  My race, I tell thee, is to thee unknown, and myself also.  Sigmund was my father named, my name is Sigurd, who with weapon have assailed thee.

Fafnir.

5.  Who has incited thee? why hast thou suffered thyself to be incited to take my life? youth of the sparkling eyes!  Thou hadst a cruel father—­ * * * *

Sigurd.

6.  My heart incited me, my hands gave me aid, and my keen sword.  Rarely a man is bold, when of mature age, if in childhood he was faint-hearted.

Fafnir.

7.  I know if thou hadst chanced to grow in the lap of friends, they would have seen thee fierce in fight.  Now thou art a captive, taken in war, and, ’tis said, slaves ever tremble.

Sigurd.

8.  Why Fafnir! dost thou upbraid me that I am far from my paternal home?  I am not a captive, although in war I was taken:  thou hast found that I am free.

Fafnir.

9.  Thou wilt account only as angry words all I to thee shall say, but I will say the truth.  The jingling gold, and the gleed-red treasure, those rings, shall be thy bane.

Sigurd.

10.  Treasure at command every one desires, ever till that one day; for at some time each mortal shall hence to Hel depart.

Fafnir.

11.  The Norns’ decree thou wilt hold in contempt as from a witless wight:  In water thou shalt be drowned, if in wind thou rowest.  All things bring peril to the fated.

Sigurd.

12.  Tell me, Fafnir! as thou art wise declared, and many things to know:  who those Norns are, who help in need, and from babes loose the mothers.

Fafnir.

13.  Very diversely born I take those Norns to be:  they have no common race.  Some are of AEsir-race, some of Alfar-race, some are Dvalin’s daughters.