Placebo effect and other theories

[Morsul the Dark]

THis thread is a mix of mirth and seriousness what made me puyt it in this area versus mirth is that in this thread i wish to discuss vairious theories i or anyone else may have with evidence from the books the theory may be silly but if it is supported with facts i think we can disscuss it seriously, ok let's start with my theory the title theory

Placebo Effect:

As I recall hobbits have the ability avoid being spotted by the Big Folk so is it not true Frodo and Bilbo's encounters with the invisibility aspect of the ring are could be nothing more than placebos?

After all Bombadil is not affected by the ring so is it possible he knew the ring was powerless,therefor not be affected by the placebo effect? This would also explain Sauron's almost daunting lack of care for the ring until the end. Is he a victem of his own trick is the ring really just a ring and nothing more?

*an add-on to this theory is it possible the ring is not sauron's source of power but rather the jewelry in the barrowdowns(recall Bombadil's knowing look at the ...medallion(i think it was))


Any thoughts
Any theories?