Combine the first 5 ingredients into a dough a knead until smooth. If the dough is a bit tacky initially, that is okay.
Roll out the dough on a floured surface to 1/4 inch thick. (Tip: I do not recommend using wax paper to roll out on, as the dough sticks badly to the paper.)
Flour the surface of the dough and press the cookie mold firmly onto the dough, and use the desired cutter (circle or square, etc.) to cut out the shape as for example, I used a circle cutter for the rose. If your mold is one like the bird mold shown with a predetermined shape, then fill the mold with dough and smack the mold down to release the dough.
Using a straw, poke a hole in the top of the ornament for a string or ribbon.
Cut out the cookie and gently lift onto a parchment-lined cookie sheet.
Bake at 325 degrees until cooked all the way through. They will be brown on the bottom and starting to brown on the edges. This may take a while- 1-2 hours, depending on the thickness. Thicker ornaments may puff during baking.
Let cool and decorate or glaze with clear gloss as desired.