I'll assume you are referring to the "Sheild" wire as the "2nd ground".
The ground is the return line, which completes the flow of electricity. The Sheild wire is a coating a wire around the other wires (whatever they are) that does a few things. One is ussually ground the case of the electronic device (light, gps, whatever), so if something shorts, the electric follows the path of the "sheild" wire rather than down your hand. Another thing it does is pick up and get rid of some of the rf noise that is both leaving the wires and possibly coming into the wire (from another close by device.
That answer yoru question?
Birdman, Capt of
Scout Abaco 280 Click here!