The easiest and best hot fudge sauce for ice cream, desserts (or even to eat with a spoon, as someone I know well tends to do). 1 can sweetened condensed milk 1 square baking chocolate 1 scoop peanut butter (more or less to your taste) Melt the baking chocolate in a saucepan. Pour in milk and mix well over low heat. Add peanut butter for a creamy consistency and rich taste. Stores well in the fridge, I hear, but it never lasts long at my house so I can't speak to that! Put it in a pretty jar and it makes a great gift, too.