Songfacts®:

• Stevie Nicks found storytelling inspiration in a variety of places for her In Your Dreams album. This gothic ballad, for instance, was started off by her in the mid-'70s about her relationship with Lindsey Buckingham but finished after seeing the Twilight: New Moon film in 2009. She explained to Spinner UK: "The first and the third verse in 'Moonlight' were written in the mid-'70s. The second verse - 'She's lonely, lost, and disconnected' - was written in Brisbane right after I saw the movie. So the song, really, is ancient times up to today.
  
  The chorus - 'It's strange, she runs from the ones she can't keep up with' - is all about the love affair between Bella and Edward [in Twilight: New Moon]. But 'Some call her strange lady from the mountains/Others say she's not really real,' that's written in 1976. The same with the third verse: 'He loves her, but he loves his life alone as well' - people would think that was written about Edward, but it was written about Lindsey. So this really is an ancient song that encompasses my strange and everlasting relationship with Lindsey Buckingham, and Bella and Edward, all mixed into one."
• Nicks told Spinner UK how her relationship with Buckingham could be called "vampiric." She explained: "As much as we fight and have our differences of opinion on almost everything, if anything were to happen to either of us, I would be the first one there and he would be the first one here. So it is a story about how love never dies."