I was afraid of that...okay
If you use the link symbol in rich text you get
http://www.armoralleather.com/images/sheaths/randall_style_pouch.jpg
The code for which shows up like this:
[ URL]
http://www.armoralleather.com/images/sheaths/randall_style_pouch.jpg[/URL]
(Since noparse coding doesn't work now, I added a space after the first bracket, to break the code - letting you see what needs to be there. Basically, it's the link with URL brackets on both sides.
To insert other text for the link, as I did above, you first move the link INSIDE the URL brackets, then put the other text where the link was.
[ URL=
http://www.armoralleather.com/images/sheaths/randall_style_pouch.jpg]
check out this sheath![/URL]
I like to offset the text but here's what it looks like without that extra step:
check out this sheath!
It does looks different from the rest of the text, but it's relatively easy to miss that there's a link there.