Spells 'R Us: Back to the Beginning?

Meanwhile, James found himself somewhere else. From his surroundings, he figured that he was in some sort of antiquities shop, but he couldn't be sure. He walked around a bit, but then stopped and stared at himself, when he saw his reflection in a nearby mirror. He was an old man, dressed in what appeared to be a bathrobe. James wished to be the most powerful and richest guy on the planet. And unbeknownst to the rest of the world, that person was the Wizard (the proprietor of the magic shop Spells 'R Us), who just happened to be the person who previously owned the wishing ring, the magical item which caused James to ... well, you get the picture. He continued to look in the mirror at himself, at his unfamiliar face and garb, until he heard a voice from behind him ...