Walter Becker

While their owner is having his siesta, two old caged parrots rake up memories from the past. This leads to unexpected consequences for the three of them.

The film tells two parallel stories. One, set in the present, tells of a pagent about the conquest of America, while the other, set in the 15th century, tells of a group of conquistadors coming ashore searching for gold. The film takes place in an unnamed country.

Federico has just come out of a neuropsychiatric hospital and begins to write a novel in which a painting teacher falls in love with Mercedes, one of his students. After a hospital inmate draws Mercedes on a sheet identical to how he imagined her, Federico begins to become obsessed with this character, confusing reality with fiction, to the point of embarking on a desperate search to find his beloved.