‘Youth’ trailer: Oscar winners Michael Caine, Rachel Weisz and Jane Fonda plus Harvey Keitel

Two years ago, Italian auteur Paolo Sorrentino won the Foreign-Language Film Oscar for "The Great Beauty." His second English-language feature, "Youth," which received a warm reception at Cannes, opens on Dec. 4 and Fox Searchlight just released the first trailer for this film packed with awards potential (watch below).  

Two-time Oscar champ Michael Caine ("Hannah and Her Sisters," 1986; "The Cider House Rules," 1999) plays a conductor holidaying at a Swiss spa with his long-time friend, a director (Harvey Keitel) who is determined to make one final film. While Caine's character is visited by his daugher, 2005 Supporting Actress winner Rachel Weisz ("The Constant Gardener"), Keitel's is content to spend time with a gaggle of screenwriters who are plotting his screen comeback. Another two-time Oscar winner, Jane Fonda ("Klute," 1971; "Coming Home," 1978), has a small but pivotal role as a fading film star. In a case of art imitating life, this screen legend ruminates on a career path that is taking her to television. 

Caine has made more than 100 movies, reaping the first of his four Best Actor Oscar bids with "Alfie" way back in 1966. In a testament to his longevity, those nominations have been spread out over five decades with his other three coming in 1972 ("Sleuth"), 1983 ("Educating Rita") and 2002 ("The Quiet American"). At 82, Sir Michael would be the oldest Best Actor nominee in Oscar history, a record currently held by Richard Farnsworth, who was 79 when he contended in 1999 for "The Straight Story." The oldest Best Actor winner to date was Henry Fonda, who finally won at age 76 for 1981's "On Golden Pond."

That picture was produced by his daughter, Jane, and marked her only entry in the Supporting Actress race; she lost to Peggy Ashcroft ("A Passage to India"). Ashcroft was 77 when she prevailed with her first Oscar bid but ill health prevented her from attending the ceremony. That is the same age that the fighting fit Fonda is now. She turns 78 in December and would be the oldest-ever winner of the category. 

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Below: take a look at the trailer and then make (or update) your Oscar predictions. You can keep changing them right up until just before nominations are announced on Jan. 14. Earn a place of honor on our leaderboard and a starring role in next year's Top 24 Users (the two dozen folks who do the best predicting this year's Oscar nominations). Meet the guy who won our contest to predict the Oscar nominations last year — and learn how he did it and how you can be our next Gold Derby superstar.

Last year, our Top 24 Users led the way with an accuracy rate of 76.67% when it came to predicting the Oscar nominations. Next up were Gold Derby's Editors with 74.44%, followed by the Experts with 71.11% and all Users with 68.09%. (Click on any of these groups to see what they got right and wrong last year.) Which group will be victorious this year?

As some of our Users turn out to be our smartest prognosticators, it's important that you give us your predictions. Your picks influence our Users racetrack odds, which also factor into our official combined odds.

Photo: Michael Caine and Harvey Keitel in "Youth" Credit: Fox Searchlight Pictures

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