The letters are Elvish, BUT the words are in the Black Tongue, stating that the ring will find and bind all under SAURON's rule.
Spoken in Rivendell, the words darkened the air. Elrond said "Never before has that language been spoken in this house , and I hope never again !". Gandalf replied that unless the ring is destroyed, that language will by & by be spoken all over MiddleEarth.
The letters are Elvish, BUT the words are in the Black Tongue, stating that the ring will find and b