Caramel Sauce

Caramel Sauce was pinched from <a href="http://dessert.food.com/recipe/caramel-sauce-176734" target="_blank">dessert.food.com.</a>

"This is excellent, makes a lot, and keeps well. Be sure to follow the directions. I had it go sugary on me once and I believe it was because I tried to mix the water in too fast. Number of servings is difficult to decide - it has so many uses and sometimes I put a tablespoon over ice cream and sometimes I use a cup or more for recipes calling for caramel sauce. But since Zaar makes me pick a number I picked 48...."

INGREDIENTS
4 cups brown sugar
1 1/2 cups corn syrup
1/2 lb salted butter
3/4 cup cold water
300 ml sweetened condensed milk
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