GANDALF
I suppose you think that was terribly clever?
BILBO
Come on, Gandalf. Did you see their faces?
GANDALF
There are many magic rings in this world, Bilbo Baggins, and none of them should be used lightly.
BILBO
It was just a bit of fun. Oh, you’re probably right, as usual. You will keep an eye on Frodo, won't you?
GANDALF
Two eyes. As often as I can…