One

Correct lyrics:

Caught up in the waves At death of the day, Sing like sirens in shadows.

As blue turns to grey, Youth and decay Turning oceans to shallows.

Like smoke on the mirror Under the pier, Some say it doesn't matter. Crystal as clear And closer than near, As we climb Jacob's ladder.

Lying lonely One is only one. Dying slowly One is only one.

Accepting life and death, accepting that time changes and feeling 'one' with everything, like understanding everything thats happened and giving into the higher powers

Here is what I think: The song feels like it is about facing mortality

"Caught up in the waves At death of the day, Sing like sirens in shadows."

They have been really sticking to the water symbolism for some time, and I always felt it was for a particular reason. It probably partially stems from Masaru Emoto's research... how he believed that water was a "blueprint for our reality" and that emotional "energies" and "vibrations" could change the physical structure of water.

Water in itself could be compared to emotions in many ways, and so could The Birthday Massacre. A lot of their work lately has been much deeper when it comes to themes - compared to when they started out.

So basically, the writer(s) might feel that as the day passes - their emotions become more compelling as well as scary... and isn't that what TBM is all about? :D

"As blue turns to grey, Youth and decay Turning oceans to shallows."

It might refer to the fact that there is so much around us to experience, things that were not here a few decades ago. How we all have internet access, which serves as an amazing tool for research... and also have portable devices that make our lives so much easier... These things, and others have widened our scope of "The World" This technological growth seems to happen exponentially. So our short life in our physical bodies just doesn't seem enough anymore. Consider the idea of colonizing space, for example.

"One of Elon Musk's stated goals through his company SpaceX is to make such colonization possible by providing transport, and to "help humanity establish a permanent, self-sustaining colony on [Mars] within the next 50 to 100 years"

Most of us might not be around for that.

"Like smoke on the mirror Under the pier, Some say it doesn't matter."

Perception of ones own mortality seems really hard. Life is just deceptive in such way to make us not really face it. "Under the pier" could be a clever way of saying to "suppress it into the subconscious."

"Crystal as clear And closer than near, As we climb Jacob's ladder."

Like the two lines in the previous paragraph. Clear as crystal is another idiom that was changed for the lyrics. It's pretty cool... how they added a personal touch to familiar phrases to best serve the theme. "They" are going on through their life figuring out what they are leaving behind. It seems like a sort of an "awareness" that death simply happens... "Jacob's ladder" is probably a biblical reference, God's outreach from heaven to earth. It might mean that they find something divine in what they do.

"Lying lonely One is only one. Dying slowly One is only one"

"One" being our chance to change things and do what we want to do now.