Really? That seems like a terribly stupid thing for Peter Jackson to do, and dishonest to the Books. Gandalf never openly wore Narya until "The Grey Havens," and I have a theory that he did not even bring it with him past Imladris (although this may well soon be proven wrong by the wise at the Barrow Downs).
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...where the instrument of intelligence is added to brute power and evil will, mankind is powerless in its own defence.
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