The black and wht wire is power to your ignition coils from your Off-Run-Off switch. It should either be powered to +12V, or if either points are closed, and the ignition switch or the Off-Run-Off switch are off, then you will read ground due to points closure.
Stick some sort of insulator between both points sets and with ignition off, check for continuity to frame ground. If there is, find where it is grounding. If it is open, then your problems lie elsewhere.
As I sense a bit of frustration in your posts, I'll offer a bit of troubleshooting philosophy, learned through 40+ years of electrical probing:
You must remain detached and unemotional. The circuit or the bike does not care if you get upset. It responds to logical manipulation which you must provide.
Sometimes to find a fault, you must eliminate the bits that ARE working by verifying that they do. This leaves only the bit that is faulty.
Be deliberate and indifferent on your approach to the investigation. The answers will present themselves when enough correct data is accumulated and correlated. At that point the revelation "Well, of course!" usually occurs.
The circuit diagram will identify the correct paths for power flow or electrical connectivity. If the circuit can be powered, chase voltage. If the circuit cannot sustain power, remove the power source and check continuity between identified points AND erroneous continuity to points where it should not, eg. frame ground or engine case.
It is NOT magic, it is physics. There is always a reason. You just have to find it, Mr. Detective.
We can help. But, only if we get a clear problem description, and some data points to consider. A clear problem statement and a list of known data points, will allow others to logically suggest next probe points or isolation techniques to localize the problem area.
It is only in very rare circumstances that this stuff responds favorably to expletives.
Besides, this is a hobby isn't it? So relax, and revel in the wonder of it all and the mysteries revealed!
Cheers,