U-See-it won 34 races in 132 starts, and her purse money supported Al Hoots and his wife Rosa.

In certain versions of the story, he dreamed that if U-See-it were bred to one of the leading sires of the time, the foal she carried would win the Kentucky Derby.

When oil was discovered in what is now Oklahoma, Rosa Hoots (who was a member of the Osage Nation) had enough money to ship U-See-it to the Idle Hour Stock Farm in Lexington, Kentucky, where Colonel E. R. Bradley's Black Toney stood at stud.

[3] Hanley Webb (or Hedley or Harry, depending on the source), who had been a close friend of Al Hoots and also trained U-See-it, was Black Gold's trainer.

Beginning at the New Orleans Fair Grounds on January 8, 1923, Black Gold won nine races in 18 starts as a two-year-old, including his finale.

[6] The Thoroughbred Record said of Black Gold's best season: "...about as vigorous a campaign as a horse could be called upon to undergo, one that knew no let-ups and that never dodged a single issue."

He was buried in the infield of the Fair Grounds close to the sixteenth pole, next to his mother's old rival, Pan Zareta.

The Thoroughbred Record wrote that Black Gold was "...as game a horse as ever stood on plates, and answered the bugler's call."

A male line descendant of Eclipse, Black Gold was elected to the National Museum of Racing and Hall of Fame in 1989.