In Chapter 3 of The Hobbit, Bilbo’s story takes its first steps into Tolkien’s greater mythology, but these aren’t your grandfather’s Eldar. We uncover the hidden secrets of the notorious “silly Elves” of Rivendell, introduce Elrond, and discuss the incredible luck of arriving at the Last Homely House at precisely the right time. Also, a listener question sends us searching for the reason why Gandalf didn’t seem to know where his new sword came from.