Originally written for the LiveJournal tolkien_weekly "Mealtimes: Teatime" challenge.
"A tale of much hardship, indeed - but it will all end well, one day," the Hobbit assures him, passing more seed-cake. "How could it not, for one the Elves named Estel?"
Only a rueful chuckle in response. Yet later, as he potters about his room tidying the tea-things, Bilbo begins murmuring to himself:
"All that is gold does not glitter..."
"I made that [rhyme] up myself for the Dunadan, years ago when he first told me about himself" - Bilbo, The Council of Elrond