In a large 4 cup capacity bowl, combine oats, barley, and 1 1/4 cups water. Cover and refrigerate 4 hours or overnight.
Uncover bowl, and stir in salt. Microwave, uncovered, on high for 6 minutes, stirring well after 3 minutes, until most of liquid is absorbed, Stir in cinnamon and nutmeg. Top with toasted almonds and honey.