Why does it have to do with elfblood? Or even with Elves?
There are different quotes about foresight in the works of Tolkien and the most obvious I have quoted below.
Quote:
'But you are my heir: all that I had and might have had I leave to you. And also you have Rosie, and Elanor; and Frodo-lad will come, and Rosie-lass, and Merry, and Goldilocks, and Pippin; and perhaps more that I cannot see.'
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This is said by Frodo to Sam at the end of LotR when they ride to the Grey Havens. Frodo doesn't have any Elfblood running through his vains, neither is he Elvish. Yet all that he says comes to pass, and after this little part he says a lot more that also comes to pass.
Foresight is an ability that we don't know about, because we don't possess such a thing. It seems that only the great have got this talent in adequate amounts to 'see' things. Elrond, Gandalf, Saruman and Galadriel are great ones and I believe they all knew partly what the future held, not to mention Cirdan or even Mandos. The Wise are great and some people beside are great too. Aragorn is one of them, just as is Cirdan and Glorfindel. Frodo belongs to them too according to Saruman.
Quote:
'You have grown, Halfling,' he said. 'Yes, you have grown very much indeed. You are wise,...
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Saruman to Frodo after they battled his forces in the Shire.
greetings,
lathspell
P.S.: Even Glaurung the dragon was foresighted and you can hardly he was Elvish or had the slightest trace of elfblood.