This mod is very similar to Arcane Bank of Cyrodiil. The result is the same, the method is different.
Visit Red Diamond Jewellery. There is a "Mystic Ring" for sale there. When equipped, it focuses the magicka that fills the world into the player and into the ring. After a number of hours, the ring will produce a "Mystic Gem" which is a Petty Soul gem that can be used to recharge your enchanted items. Intelligence, Wisdom, Varla and Welkwynd stones increase the amount of energy that get's stored into the ring every hour. Works while sleeping and waiting.
To balance it a bit the following applies:
* The ring only works when equipped. If unequipped any stored "charge" is lost. * The ring also has a slight curse on it, a Burden 10 points enchantment on it. * Varla and Welkwynd Stones have to be in your inventory to add a bonus to the charge. * Mystic Gems are worthless in value
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