This piece is an energy absorption ring. What this means is that it allows you to absorb the energies of independent entities wherever you are. This includes the absorption of energy from other people, sacred places, and artifacts among other things. This ring has been acquired from the underground auction and was once the possession of a Persian sorcerer.
Using this piece you can siphon energy from those around you who exhibit powers-- psychic ability, the ability to the future, wealth energies, or just general good luck. You can also use this piece to draw powers from the places you go including something as extreme as the pyramids of Giza or the Georgia Guidestones to something much more mild such as the spiritual energy that exists at a local graveyard. You an also use this piece to siphon power from other empowered pieces and/or relics.