Gandalf

So do all who live to see such times. But that is not for them to decide. All we have to decide is what to do with the time that is given to us. There are other forces at work in this world Frodo, besides the will of evil. Bilbo was meant to find the Ring. In which case, you were also meant to have it. And that is an encouraging thought.

You cannot pass! I am a servant of the Secret Fire, wielder of the Flame of Anor. The dark fire will not avail you, Flame of Udun! Go back to the shadow. You shall not pass!

Pity? It was pity that stayed Bilbo's hand. Many that live deserve death. Some that die deserve life. Can you give it to them, Frodo? Do not be too eager to deal out death in judgment. Even the very wise cannot see all ends. My heart tells me that Gollum has some part to play yet, for good or ill before this is over. The pity of Bilbo may rule the fate of many.

A wizard is never late, Frodo Baggins. Nor is he early. He arrives precisely when he means to.

His treachery runs deeper than you know. By foul craft, Saruman has crossed Orcs with goblin men. He's breeding an army in the caverns of Isengard. An army that can move in sunlight and cover great distance at speed. Saruman is coming for the Ring.

My dear Frodo. Hobbits really are amazing creatures. You can learn all there is to know about their ways in a month, and yet after a hundred years they can still surprise you.

They have taken the bridge and the second hall. We have barred the gates but cannot hold them for long. The ground shakes, drums... drums in the deep. We cannot get out. A shadow lurks in the dark. We can not get out... they are coming.

There is one other who knew Bilbo had the Ring. I looked everywhere for the creature Gollum, but the enemy found him first. I don't know how long they tortured him, but through the endless screams and inane babble, they discerned two words:

Don't… tempt me Frodo! I dare not take it. Not even to keep it safe. Understand, Frodo. I would use this ring from a desire to do good… But through me, it would wield a power too great and terrible to imagine.

For sixty years, the Ring lay quiet in Bilbo's keeping, prolonging his life, delaying old age. But no longer, Frodo. Evil is stirring in Mordor. The Ring has awoken. It's heard its Master's call.

No, Frodo. The spirit of Sauron endured. His life force is bound to the Ring and the Ring survived. Sauron has returned. His Orcs have multiplied. His fortress of Barad-Dur is rebuilt in the land of Mordor. Sauron needs only this Ring to cover all the lands with a second darkness. He is seeking it, seeking it, all his thought is bent on it. The Ring yearns to go home, to return to the hand of its Master. They are one, the Ring and the Dark Lord. Frodo, he must never find it.

I think there's more to this Hobbit than meets the eye.

Well, what can I tell you? Life in the wide world goes on much as it has these past age, full of its own comings and goings, scarcely aware of the existence of Hobbits… for which I am very thankful.

Always remember, Frodo, the Ring is trying to get back to its master. It wants to be found.

I once knew every spell in all the tongues of Elves... Men... and Orcs.

Knock your head against these doors, Peregrin Took! And if that does not shatter them, and I am allowed a little peace from foolish questions, I will try to find the opening words.

"The year 3434 of the Second Age. Here follows the account of Isildur, High King of Gondor, and the finding of the ring of power. 'It has come to me. The One Ring. It shall be an heirloom of my kingdom. All those who follow in my bloodline shall be bound to its fate, for I will risk no hurt to the ring. It is precious to me, though I buy it with great pain. The markings upon the band begin to fade. The writing, which at first was as clear as red flame, has all but disappeared. A secret now that only fire can tell.'"

All you have to decide is what to do with the time that is given to you.

All your long years, we've been friends. Trust me as you once did. Hmm? Let it go.

He hates and loves The Ring - as he hates and loves himself.