Preheat oven to 325° F or 300° F convection.
Add all liquids together in a large bowl and whip until mixed well and the eggs are lighter. Sift dry ingredients together in a separate bowl, then slowly stir into the liquids, beating for 2 minutes on medium speed – expect the batter to be thick and taffy-like.
For cake: Oil and dust a bundt or decorative cake pan with gfJules™ All Purpose Flour or gluten-free corn starch. Sprinkle with sliced almonds in the middle if making a flower shape, as pictured. Spoon batter on top of the nuts and smooth with a rubber spatula. Bake for 45-55 minutes, depending on pan, removing from oven when a cake tester inserted into the center of the cake comes out clean.
For cupcakes: Oil at least 18 muffin cups (or you may use paper cupcake liners). Fill the muffin cups only 1/2– 2/3 full of cake batter. Bake for 20-30 minutes – test with a cake tester to ensure that it is clean when removed from the baking cakes.
For glaze: Start preparing the glaze with about 10 minutes left on the cake timer. Bring ingredients to a boil in a small saucepan. Continue to boil for 5 minutes, stirring constantly, then remove from heat.
Remove cake from the oven once finished baking and poke holes in the bottom of the cake with a toothpick. Poke holes approximately every 2 inches. (you can also do this with cupcakes)
Pour glaze over the hot cake while still in the pan. Let stand for 30 minutes, then flip the cake onto a plate.
If the glazed cake is allowed to stay in the pan longer than 30 minutes, the glaze will stick to the pan and make it difficult to remove the cake. Should this occur, put the pan back into a warm oven to soften the glaze, then run a rubber spatula around the inside of the pan to loosen it before turning out onto a wire rack to cool.
If decorating as a flower, wait until cake is fully cooled, then sprinkle chocolate chips in the center of the flower, on top of the slivered almonds (as pictured above).