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[S.1.3: J] Siegfried has re-forged and refitted Nothung. Siegfried: (#125) Now you glisten, defiant and glorious! Slay him who is false! Though Mime is drunk with anticipation of future power, Siegfried, having recreated Nothung, slices Mime's anvil in half with Nothung. 531-538
Siegfried: Act Two 539-614
Siegfried: Act Two, Scene One 539-564
[S.2.1] Outside Fafner's lair: Alberich, the Wanderer, and Fafner transformed into a serpent 539-564
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[S.2.1: A] Gloomy Prelude: (#126) Alberich keeps watch at Fafner’s Envy-Cave, preparing for the day when he can regain his Ring and its power. 539-540
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[S.2.1: B] Alberich: (recognizing Wotan under the Wanderer's disguise) Betake yourself hence! Enough deceit has steeped this spot in suffering ["Noth"]. Though Alberich is enraged that the Wanderer (Wotan) has come to Envy-Cave, Wotan says: I came to watch, and not to act. 540-545
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[S.2.1: C] Alberich: I know where you are weak: you dare not break your contract with Fafner to keep the Ring out of my hands. 545-548
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[S.2.1: D] Alberich: Though you fear I’ll get the Ring and destroy the gods, you imagine your proxy Siegfried can save you. 548-550
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[S.2.1: E] Wanderer: Take it up with Mime: he alone knows of the Ring. Alberich: You're really uninvolved? You no longer strive for the hoard? Siegfried I leave to his own devices: (#127) let him stand or fall on his own! Alberich: With Mime alone I vie for the Ring? Wanderer: Only you two Nibelungs desire it. 551-555
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[S.2.1: F] Alberich: Yet I might not win the Ring? Wanderer: If you warn Fafner of danger, maybe he'll reward you with his toy [the Ring]. (to Fafner) Fafner, will you give Alberich the Ring if he saves you from Siegfried? Fafner: (#126) I have and hold! Let me sleep! 555-559
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[S.2.1: G] Wanderer: (#2) All things follow their nature: you can alter nothing! I leave the field to you and your kind Mime. 559-564
Siegfried: Act Two, Scene Two 565-590
[S.2.2] Outside Fafner's lair: Mime, Siegfried, the Woodbird, and Fafner 565-590
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[S.2.2: A] Mime and Siegfried arrive at Fafner's lair. Mime: We've reached the place. Wait here! (#98) This is the only place you’ll learn fear. Mime notes the dangers Fafner presents, but Siegfried is confident of victory. 565-568
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[S.2.2: B] Siegfried: (#71) Has Fafner a heart? Mime: Where everyone’s lies! Do you feel fear now? Siegfried: Get out of my sight! 569-571