Combine popcorn and cereal in a large bowl; set aside.
In a heavy saucepan over low heat or in a microwave-safe dish, heat caramels
and water until the caramels are melted. Stir in peanuts and salt; mix well. Pour
over popcorn mixture and toss to coat. With buttered hands, shape into 3-inch balls.
Reshape if necessary when partially cooled.
Yield: 10 popcorn balls
Content and photographs are copyright protected. Sharing of this recipe is both encouraged
and appreciated. Copying and/or pasting full recipes to any social media is strictly prohibited.
Recipe Goldmine is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com.