Preheat the oven to 325°F. Grease and flour a 10-inch tube or Bundt pan.
In a large mixing bowl, cream the softened butter and sugar until light and fluffy, about 3-5 minutes. Add the eggs one at a time, beating well after each addition.
Alternately add the sifted flour, salt, and heavy whipping cream, starting and ending with flour. Stir in the vanilla and almond extracts.
Pour the batter into the prepared pan. Bake in the preheated oven for about 70 minutes, or until a toothpick inserted into the center comes out clean.
Allow the cake to cool in the pan for 20 minutes before inverting onto a wire rack to cool completely. Serve as desired.