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Step 1
Mix all the ingredients in a saucepan EXCEPT the vanilla extract.
Step 2
While whisking on Medium heat, bring the mixture to a low boil, then lower the heat to Medium-Low and continue to whisk anywhere from 5 to 10 minutes.
Step 3
The longer you cook the mixture, the thicker it will be once it's cooled.
Step 4
Turn off the heat and add the vanilla extract.
Step 5
Cool slightly and pour the sauce into a jar.
Step 6
If not using it immediately, keep it in the refrigerator.