This guide will walk you through the process, whether you're performing a simple lamp socket repair, replacing a lamp cord, or wiring a light socket from scratch. Rewiring a basic table or floor lamp is easier than you might think. The most important thing to remember is: GOLD IS HOT, SILVER IS NOT! First, in order to access the old socket, remove the metal socket shell. The neutral from the source is connected directly to the neutral terminal on the light and the source hot is spliced with the white loop wire. The white wire is marked black on both ends to identify it as hot. It had a fancy shade and a beautiful tasseled pull cord, and when I moved into my new house I knew it would look great there.