Bilbo nodded slowly. At least he knew what the ring was capable of and it was in safe hands. Had he shown it to anyone else within the castle? Bilbo's heart jumped slightly at that. He hoped that no one else knew of the ring's existence except Frodo and Gandalf.

"If you are never to use it, where do you keep it safe? If Gandalf does not want you to use it, why not store it somewhere you cannot get to?"