The poem begins with a picture of mining. There is a mine for silver and a place where gold is refined; iron is taken from the earth and copper is smelted from stone. Man puts an end to darkness, searches the farthest depths and cuts shafts far from where people live. The earth, from which food comes, is overturned below as by fire, and its stones hold sapphires and dust of gold. No bird of prey knows those paths and no falcon's eye has seen them; proud beasts have not trodden them (vv. 1-11).
But wisdom is not found that way. The poem asks twice: where does wisdom come from, and where is the place of understanding? Man does not know its price and it is not in the land of the living. The deep says it is not in me, and the sea says it is not with me. It cannot be bought with gold, silver, onyx, sapphire or coral, nor exchanged for jewels of fine gold; its value is beyond pearls (vv. 12-19).
The answer is that God alone understands its way and knows its place. He looks to the ends of the earth and sees everything under heaven. When he gave weight to the wind, measured out the waters, made a decree for the rain and a way for the lightning, then he saw wisdom and declared it, established it and searched it out. And he said to man: the fear of the Lord, that is wisdom, and to turn away from evil is understanding (vv. 20-28).