Hugo Weaving as Elrond addresses the Council of the Ring ...
Sauron, the Dark Lord has discovered that the One Ring still exists, and has sent the Nazgúl to capture it. Rivendell is not strong enough to withstand the forces of Mordor.
The Elves are passing to the True West, the power of the Dwarves is dwindling, and the Kings of Gondor are all but a memory.
Gee, thanks.
But do you know what I hate the most about Middle Earth? It's the SMELL.