Preheat oven to 300° F.
Stir cereals together in large roaster.
Combine spices in a small bowl.
Melt butter in small saucepan and stir in Worcestershire sauce.
Pour half of the butter mixture over cereal and stir to coat. Then sprinkle with half of the spices and stir again. Repeat with the second half of butter and spices to ensure the seasoning is evenly distributed.
Bake in the oven for one hour, stirring every 15 minutes. Be sure to stir all the way to the bottom each time, so the bottom doesn’t over cook.
When cereal is dry, remove from oven and add cheese crackers, pretzels and peanuts.
Let cool completely before serving.
Store in an airtight container or freezer bag.
Make ahead and freeze for optimal freshness.
Portion into cute packaging to include to a handmade Christmas gift.