They said I’m red but gold is my favorite color
The planet Nibiru is described as a “reddish-orange” planet that gives off a lot of red iron. The Anunnaki civilization enslaved humans to mine Earth for its gold. Introducing gold into Nibiru’s atmoshpere helped reflect the light from their sun and prevent the planet from overheating. Remember that this is all from Sumerian legend and updated theories. .
This could also be referring back the LeBron and Kobe line, using their respective jersey colors. .
To help improve the meaning of these lyrics, visit "Nibiru" by Ab-Soul Lyrics and leave a comment on the lyrics box