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Preheat oven 325°.
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Grease and flour a 12-cup bundt pan or 10-inch tube pan.
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Stir together dry ingredients; set aside.
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Cream butter and sugar till light and fluffy. Beat in eggs one at a time, till well combined; add vanilla.
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Alternately work in dry ingredients and buttermilk until well mixed.
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Pour into prepared pan.
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Bake at 325° for 55-70 minutes.
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Check for doneness with toothpick.
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• While cake bakes, make sauce: Combine all ingredients in small sauce pan; bring to simmer over medium heat for 2 minutes, till sugar is dissolved. Keep warm.
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When cake comes from oven, immediately poke all over with a fork, fairly deeply.
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Spoon sauce slowly over cake till pan is empty.
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Let cake cool 30 minutes, then remove from pan.
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Finish cooling.