Heat cream or half and half, sugar and salt in a ceramic or metal fondue pot over direct high heat. Lower heat; stir in chocolate and butterscotch chips (bits). Reduce heat to low and allow bits to melt, stirring constantly. Sir in flavorings.
Spear wedges of apples, cake squares, large marshmallows or other foods for twirling.
Drain and roll in finely chopped nuts.