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Originally Posted by Inziladun
Glóin could be thought of as 'faithful', and he posited that the Seven could be used for good against Sauron.
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That's what is stated, and we can interpret as you intend, but not sure how he or the Dwarves meant to use a Dwarven Ring against Sauron. They may have been able to breed gold, but don't see how that would have been much use in this war.
Another way of interpreting what Glóin meant is that he stated the obvious - the Dwarves had no Rings to kick into the war, but maybe others, such as his hosts, had some that might be useful. Think that he was being political.
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And this after he had sat through much of the Council of Elrond and had been told the history of the Great Rings. He knew Sauron's influence on the Seven was considerable, but still he lamented the loss of Thrór's ring.
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Glóin may have been like the rest of his race, somewhat overly possessive and slow in forgetting even the smallest grievance.