Runes and Magic in Beowulf and The Saga of the Volsungs In the Old English poem Beowulf and in the Icelandic The Saga of the Volsungs, a saga representing oral traditions dating back to the fourth and fifth centuries, we see the mention of runes, which were used with connotations of magic or charms. An unknown author wrote the The Saga of the Volsungs in the thirteenth century, basing his story on far older Norse poetry. Iceland was settled by the Vikings about 870-930, who took there