...if you don't have some of these ingredients, change them...I did.
10 oz mini pretzels
5 cups Cheerios
5 cups corn chex
2 cups cocktail peanuts
1 lb. M&M's
2 bags white chocolate chips
3 tbsp vegetable oil
Mix together in LARGE bowl (or two large bowls to make more manageable) cereals, pretzels, peanuts and M&M's.
Combine 2 bags of chips with 3 tbsp vegetable oil. Heat in microwave on medium heat until thoroughly melted...30-45 seconds at a time so it doesn't burn!
Pour white chocolate mixture over cereal mix and stir until evenly coated. Spread out onto foil and let cool/dry for approximately 15 minutes. Bag for gifts or serve in bowls.