Add cranberry juice, ginger, cinnamon sticks and nutmeg to a saucepan.
Simmer low, on the stove for approximately 45 minutes.
Allow to cool completely.
Use cheesecloth in a funnel to strain into an air-tight container.
Store in the fridge.
This may reduce a little but will not get syrupy. Also, I noted that it makes 24 servings, but I really have no idea how many servings this is. It is just under 64 ounces (due to some evaporation) so it depends on what you plan on making with it! You can get several cocktails or drinks out of it. Or one big punch.