In a saucepan over medium heat, combine milk and cream.
Heat until the mixture is hot but not boiling.
In a bowl, whisk the eggs and sugar together until light and creamy.
Gradually add the hot milk mixture to the egg mixture, whisking constantly.
Pour the mixture back into the saucepan and cook over medium heat, stirring constantly, until the mixture thickens slightly (about 5-7 minutes).
Remove from heat and stir in vanilla extract, nutmeg, cloves, and brandy or rum if using.
Chill in the refrigerator for at least an hour before serving.
Serve chilled, with a sprinkle of nutmeg or cinnamon on top.