They will look for his coming from the White Tower. But he will not return.

Aragorn

The one ring to rule them all.

Galadriel

Gandalf: They are one; the ring and the Dark Lord. Frodo, he must never find it.
Frodo: [gets up to hide the ring] All right. We'll put it away. We'll keep it hidden, we'll never speak of it again. No one knows it's here, do they?
[Gandalf doesn't answer]
Frodo: Do they, Gandalf?

Elrond: His strength returns.
Gandalf: That wound will never fully heal. He will carry it the rest of his life.
Elrond: And yet, to have come so far, still bearing the Ring, the hobbit has shown extraordinary resilience to its evil.
Gandalf: It is a burden he should never have had to bear. We can ask no more of Frodo.

Elrond: Nine companions. So be it. You shall be the fellowship of the ring.
Pippin: Great! Where are we going?

Elrond: I led Isildur deep into the fires of Mount Doom, the one place it could be destroyed... Isildur kept the Ring. It should have ended that day, but evil was allowed to endure. There's no strength left in the world of Men. They're scattered, divided, leaderless.
Gandalf: There is one who could unite them. One who could reclaim the throne of Gondor.
Elrond: He turned from that path a long time ago. He has chosen exile.

Frodo: I will take it. I will take the Ring to Mordor...
[Everyone falls silent]
Frodo: ...though I do not know the way.

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

Gandalf

Arwen: Why do you fear the past? You are Isildur's heir, not Isildur himself. You are not bound to his fate.
Aragorn: The same blood flows in my veins. The same weakness.
Arwen: Your time will come. You will face the same evil, and you will defeat it.

It came to me, my own, my love... my... preciousssss.

Gollum

Even the smallest person can change the course of the future.

Galadriel

One does not simply walk into Mordor. Its black gates are guarded by more than just orcs. There is evil there that does not sleep, and the Great Eye is ever watchful. It is a barren wasteland, riddled with fire and ash and dust, the very air you breathe is a poisonous fume. Not with ten thousand men could you do this. It is folly.

Boromir

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The Lord of the Rings: The Fellowship of the Ring Quotes

Frodo: Wait... there are markings. It's some form of Elvish, I can't read it.
Gandalf: There are few who can. The language is the that of Mordor, which I will not utter here.
Frodo: Mordor?
Gandalf: In the common tongue it reads "One Ring to Rule Them All. One Ring to Find Them. One Ring to Bring Them All and In The Darkness Bind Them."

The world is changed. I feel it in the water. I feel it in the earth. I smell it in the air. Much that once was is lost, for none now live who remember it. It began with the forging of the Great Rings. Three were given to the Elves, immortal, wisest and fairest of all beings. Seven to the Dwarf lords, great miners and craftsmen of the mountain halls. And nine, nine rings were gifted to the race of men, who, above all else, desire power. But they were, all of them, deceived, for another Ring was made. In the land of Mordor, in the fires of Mount Doom, the Dark Lord Sauron forged in secret a master Ring, to control all others. And into this Ring he poured his cruelty, his malice and his will to dominate all life.

Galadriel