The song "Elric The Enchanter" by Hawkwind is based on the character of Elric, a sorcerer and warrior chief, from the novels by Michael Moorcock. Elric possesses a powerful sword called the Black Sword, which can consume the essence of souls. The lyrics describe Elric as frozen in a time trap, slowly losing power and afraid to make a move, for fear that his dream will turn sour. He is depicted as sitting on a ruby throne, contemplating his past quests and the existence of the Black Sword. However, Elric is unaware that the sword he wields will ultimately lead to his downfall. The "truth," or danger, of the sword is hidden until it is too late, and a traitor is by his side. As the song progresses, Elric's restlessness grows, and he craves more power and adventure. He takes drugs to stay awake and embarks on a quest to find the Black Sword and gain even more strength. Overall, the song portrays the complex and troubled character of Elric and his desperate pursuit of power, leading to ultimately tragic consequences.