Act III. The Valkyries (divine Amazons) are on the stage. The

Valkyrie Brünnhilda arrives on horseback, bringing Siegmund's body. She is flying from Wotan, who is chasing her for her disobedience. Wotan catches her, and as a punishment dismisses her from her post as a Valkyrie. He casts a spell on her, so that she has to go to sleep and to continue asleep until a man wakes her. When some one wakes her she will fall in love with him. Wotan kisses her; she falls asleep. He lets off fire, which surrounds her.

We now come to the Second Day. The gnome Mime forges a sword in a wood. Siegfried appears. He is a son born from the incest of brother with sister (Siegmund with Sieglinda), and has been brought up in this wood by the gnome. In general the motives of the actions of everybody in this production are quite unintelligible. Siegfried learns his own origin, and that the broken sword was his father's. He orders Mime to reforge it, and then goes off. Wotan comes in the guise of a wanderer, and relates what will happen: that he who has not learnt to fear will forge the sword, and will defeat everybody. The gnome conjectures that this is Siegfried, and wants to poison him. Siegfried returns, forges his father's sword, and runs off, shouting, Heiho! heiho! heiho! Ho! ho! Aha! oho! aha! Heiaho! heiaho! heiaho! Ho! ho! Hahei! hoho! hahei!

And we get to Act II. Alberich sits guarding a giant, who, in form of a dragon, guards the gold he has received. Wotan appears, and for some unknown reason foretells that Siegfried will come and kill the dragon. Alberich wakes the dragon, and asks him for the ring, promising to defend him from Siegfried. The dragon won't give up the ring. Exit Alberich. Mime and Siegfried appear. Mime hopes the dragon will teach Siegfried to fear. But Siegfried does not fear. He drives Mime away and kills the dragon, after which he puts his finger, smeared with the dragon's blood, to his lips. This enables him to know men's secret thoughts, as well as the language of birds. The birds tell him where the treasure and the ring are, and also that Mime wishes to poison him. Mime returns, and says out loud that he wishes to poison Siegfried. This is meant to signify that Siegfried, having tasted dragon's blood, understands people's secret thoughts. Siegfried, having learnt Mime's intentions, kills him. The birds tell Siegfried where Brünnhilda is, and he goes to find her.