1 1/2 cups raw peanuts
1 cup water
1 cup granulated sugar
2 tsp. vanilla

Stir ingredients together in a large, heavy bottomed skillet over low heat. Stir until sugar has dissolved, then slowly cook until thick.

When the mixture begins to thicken, stir with a wooden spoon constantly until the sugar begins to caramelize. Pour onto a foil lined baking sheet, separating clusters with the wooden spoon.

CAUTION: Mixture is very hot - do not touch until completely cooled.

Variations: Sprinkle with garlic or onion salt while cooling, or add 1/2-1 tsp. cinnamon to mixture during the last minute of cooling.