If I could only turn back the clock to when God and her were born
"Come in" she said, "I'll give you shelter from the storm"
Dylan returns to the Creation motif that starts the song.
Birth of a star from the Hubble Telescope
The singer knows there’s a kernel of beauty but his mind keeps searching back to moment before everything went wrong. Again this returns to her unfulfilled promise for shelter.
If we read the relationship positively than the beauty of his lover has shown him the image of God; she and God coexist. Alternatively, she is distinguished from God, not-God, lesser than God, perhaps akin to Lucifer, the most beautiful of the angels.
To help improve the meaning of these lyrics, visit "Shelter From The Storm" by Bob Dylan Lyrics and leave a comment on the lyrics box