<font color="yellow">The only conclusion I could reach, is that gravity affects the frequency of light, because you could shine ultraviolet light into a blackhole, and it would spit out gamma light.</font><br /><br />Not really, except if the amount of gamma ray photons were less than the amount of UV photons that went in. Note also that the redshift of the black hole has an effect on this light that eventually reaches earth. There's a delay going in, and a delay going out relative to earth-based time. This time delay is probably just an effect of ultra strong electromagnetic fields (like those of a neutron star, magnetar, quark star, etc) affecting weaker electromagnetic fields (causing their observed temperature to be reduced than with this "time" delay, according to very distant and unaffected observers). Time delay of a photon's travel also occurs at short distances from an electron, where light tends to be affected by strong electromagnetic fields, causing propogating delay.