I love the way you never tell us that it's about the ring, but drop in clever lines to give hints. My favourite example is:

I am what I am. I was made by the One and in return, I made the One who he was and is. I am change and I am the creation and the creator.

Well done. One of the best stories I've read in a long time.

Author's Response: Do you think? *blush* It was meant for a short fic, a teaser really. By the way, thanks for being a really supportive reviewer!