Heat 12 ounces chopped thick cut bacon in a large frying pan over medium-high heat for 7-10 minutes until the bacon is cooked through and slightly crispy.
Use a slotted spoon to move the bacon from the pan to a plate lined with a paper towel.
Remove all the bacon grease from the pan except for approximately 1 tablespoon.
Add 2 diced sweet onions to the pan with the bacon grease. Sauté for approximately 4-5 minutes until the onions are translucent.
Sauté for approximately 4-5 minutes until the onions are translucent.
Mix the bacon back into the pan and stir in ¼ cup sherry vinegar, 1 tablespoon balsamic vinegar, ½ cup brown sugar and ½ cup water.
Bring the mixture to a low boil and cook for 10-15 minutes until the mixture is thick and dark.
Remove from heat and let the mixture cool completely.
Then the jam is ready to serve and enjoy!
Notes
Refrigerate the leftovers in an airtight container for up to 1 week. Reheat before serving the leftovers.