As Gandalf sat, so did Saruman rise, for the first time during this meeting, for it was necessary that this moment look important if he was to lead them away from the foolish idea of assaulting Dol Guldur. Then laying his staff to rest against his chair he began his tale, made half of truth and half of lies to mislead the members of the Council but keep his true intentions secret.
Talking slowly he began to weave his plan into action: "Thank you Gandalf. As you mentioned the Nine are Sauron's most dangerous weapon," purposely twisting the words," but it was not always so. Before his fall, Sauron's near dominion of the world was brought forth using the power of an artefact he had himself created. One that even now he seeks to retrieve... you know of what I speak for it has many names, the Ruling Ring, the One Ring, the Great Ring of Power are a few among many other. In it, Sauron poured much of his power, his malice, his cruetly and his will to dominate all, with it his power is nearly unstoppable and many fell trying to stop it but it is now lost forever in the sea and he can never again regain it."
"However, I feared that he may try such a terrible feat again and so I gathered all that was related to the forging of magical rings in an attempt to counter the effect of such an achievement. And now, it is my duty to share that knowledge so that all may be able to prevent it if I was to be overcome. If the knowledge was to be lost then the terrible events that happened during the Dark Years would repeat all over again."
"In order to forge the Ring, Sauron had to put much of his power into it with it he became a warrior of terrible power in the same way that without he is but a shadow of himself. With its power he was able to raise his black tower from the ground and control the bearers of the Nine although the control of the Seven escaped him. It is with this same power that he subdued the men of the east and placed them under his dark dominion, transforming these peaceful nomads into a sword with which he strook at the forces of Good. Even the migthy Numenorans fell to his power, for fair he was to their eyes and his words were sweet to their ears. It wasn't until the Valar themselves plunged the isle into the sea that he was defeated."
"The Power of the One is now long gone, but its power endures keeping the Nine under His control. Therefore we must be ready to face against these foes which will show no mercy in their attempt to bring back their master's full strength."
Sitting back down, Saruman finishes his speech and motions to the envoy of Linhir to deliver his report. It is important to him that the council doesn't delve too much on a single fact but rather fly over many issues so as to talk a lot and take little action.