It is silk. Dyed silk hankies, to be exact. According to my fantastic KR Secret Pal, I can knit this silk hanky into a scarf. It looks a bit complex yet absolutely fascinating. I must admit I"m a little scared of a pattern that begins "find a quiet place" but I'll give this a try. Thanks Secret Pal. You are so creative!
I'm going to do a pair for Tim with Mountain Colors Bearfoot next, trying to KnitPicks method of two socks toe up on two circs. Wish me luck!