Circle of Steel Lyrics

Lyric discussion by the EYE 

Cover art for Circle of Steel lyrics by Gordon Lightfoot

I always understood the first line to refer more to the proverbial "wheel of fortune" (and not the game show), rather than a roulette wheel.

the juxtaposition of the holiday season - a joyful time spent with family against the lonely new mother who's counting the days until her child is taken from her - along with the wintery gray and snowy cold make this song very dreary and sad.

This is a sad story of somebody who has nothing at all (to the point of her only valued item being an "heirloom cup") losing the only thing she has left, her newborn child. The losing bet on the wheel of fortune.

As a new father, the "a week, a day they will take it away" rips my heart out every time. This song depresses the heck out of me.