V.[°] It chanced one day that we came to Regin's house and Sigurth was made welcome there. Then Regin spoke these verses:
The son of Sigmund cometh to our hall,
A valiant warrior. It must needs befall
That I, less doughty and oppressed with age,
Shall fall a victim to his wolfish rage.
But I will cherish Yngvi's valorous heir,
Since Fate hath sent him hither to our care,
Train him to be, in valour and in worth,
The mightiest and most famous prince on earth.
At this time, Sigurth was constantly in Regin's company. Regin told him much about Fafnir—how he dwelt upon Gnitaheith in the form of a serpent, and also of his wondrous size. Regin made for Sigurth a sword called Gram. It was so sharp that when he thrust it into the River Rhine it cut in two a flock of wool which he had dropped into the river and which was drifting down stream, cutting it just as clean as it did the water itself. Later on, Sigurth clove Regin's stithy with the sword. After that Regin urged Sigurth to slay his brother Fafnir and Sigurth recited this verse: