-Bob Dylan Fans-Question!

Ok this is extremely off topic, thus being thrown in The Lounge. So I love Bob Dylan, and one of my favorite songs is "Changing of the Guards". Now in my opinion, this is one of the most poetic pieces he ever wrote. But does anyone truly have a grasp on the meaning?
I've read dozens of interpretations online ranging from biblical references to a random story of a man's life. It's a great song, I was just curious if anyone has an idea of the meaning of the lyrics; or at least what everyone interprets them as.
 
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