At first glance this verse might seem like it is about witch burning, but on deeper inspection it is not so. Gollveig means something close to "Gold Might." As the symbol of gold she has been burned 3 times, refined, and emerges as the "Bright One" ever living and inspiring magic in women. The connection between Freya and gold as well as magic is strong, but the truth of such a connection is lost to time.