Form 13F
Form 13F Cover Page

Report for the Calendar Year or Quarter Ended:	9/30/2011

Check here if Amendment [ ]; Amendment Number:
	This Amendment (Check only one.):		[ ] is a restatement.
							[ ] adds new holdings entries.

Institutional Investment Manager Filing this Report:

Name:		Richard C. Young & Co., Ltd.
Address:	98 William Street
		Newport, RI 02840

Form 13F File Number:	028-12215

The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that information contained herein is true, correct and complete,
and that it is understood that all required items, statements, schedules, lists,
and tables, are considered integral parts of this form.

Person Signing this Report on Behalf of Reporting Manager:

Name:		Christopher Stack
Title:		Senior Vice President
Phone:		4018492137

Report Type

[x]	13F Holdings Report.

[ ]	13F Notice.

[ ]	13F Combination Report.

Form 13F Summary Page

Number of Other Included Managers:	0

Form 13F Information Table Entry Total:	50

Form 13F Information Table Value Total:	299,293 (x$1,000)

List of Other Included Managers:	None.

NAME ISS			TIT OF CL	CUS          	VAL x$1000	SHS 		INV DIS	OT MAN	VOT

AT&T INC			COM		00206R102	3,916		137,301 (SH)	SLE	NO	NO
AMERICAN STS WTR CO		COM		029899101	443		13,052(SH)	SLE	NO	NO
ATMOS ENERGY CORP		COM		049560105	5,088		156,786(SH)	SLE	NO	NO
BANK NOVA SCOTIA HALIFAX	COM		064149107	3,154		62,882 (SH)	SLE	NO	NO
BLACK HILLS CORP		COM		092113109	2,346		76,566 (SH)	SLE	NO	NO
BLACKROCK ENERGY & RES TR	COM		09250U101	5,029		222,434(SH)	SLE	NO	NO
BLACKROCK ENHANCED DIV ACHV	COM		09251A104       6,213		890,184(SH)	SLE	NO	NO
BLACKROCK REAL ASSET EQUITY	COM		09254B109	4,446		427,917(SH)	SLE	NO	NO
BLACKROCK ENH CAP & INC FD I	COM		09256A109	4,771		403,954(SH)	SLE	NO	NO
BUCKEYE PRTN LP 		UNT LTD PRTN	118230101	1,880		30,068(SH)	SLE	NO	NO
CALIFORNIA WTR SVC GROUP	COM		130788102	700		39,504(SH)	SLE	NO	NO
COCA COLA CO			COM		191216100	5,131		75,945(SH)	SLE	NO	NO
COLGATE PALMOLIVE CO		COM		194162103	2,469		27,839(SH)	SLE	NO	NO
COMPANHIA ENERGETICA DE MINA	SP ADR 		204409601	3,436		231,533(SH)	SLE	NO	NO
CURRENCYSHARES SWEDISH KRONA	SWEDISH KRONA	23129R108	333		2,294(SH)	SLE	NO	NO
CURRENCYSHARES SWISS FRC T	SWISS FRC SH	23129V109	5,131		47,055(SH)	SLE	NO	NO
DIAGEO PLC			SPON ADR NEW	25243Q205	3,983		52,451(SH)	SLE	NO	NO
DUKE ENERGY CORP NEW		COM		26441C105	5,284		264,337(SH)	SLE	NO	NO
FIRST TR ISE REVERE NAT GAS	COM		33734J102	5,833		368,737(SH)	SLE	NO	NO
HEINZ H J CO			COM		423074103	3,485		69,041(SH)	SLE	NO	NO
ISHARES INC			MSCI CDA INDEX	464286509	21,897		859,025(SH)	SLE	NO	NO
ISHARES INC			MSCI SWITZERLD	464286749	10,642		491,306(SH)	SLE	NO	NO
ISHARES TR			S&P NA NAT RES	464287374	205		6,125(SH)	SLE	NO	NO
JOHNSON & JOHNSON		COM		478160104	4,848		 76,121(SH)	SLE	NO	NO
KIMBERLY CLARK CORP		COM		494368103	5,568		78,417(SH)	SLE	NO	NO
KINDER MORGAN ENRGY PRTN	UT LTD PRTN	494550106	3,593		 52,544(SH)	SLE	NO	NO
KRAFT FOODS INC			CL A		50075N104	4,198		125,029(SH)	SLE	NO	NO
MARKET VECTORS ETF TR		AGRIBUS ETF	57060U605	7,503		173,554(SH)	SLE	NO	NO
MARKET VECTORS ETF TR		BRAZL SMCP ETF	57060U613	4,542		115,867(SH)	SLE	NO	NO
MIDDLESEX WATER CO		COM		596680108	2,534		148,462(SH)	SLE	NO	NO
NEXTERA ENERGY INC		COM		65339F101	4,643		85,946(SH)	SLE	NO	NO
NORTHWEST NAT GAS CO		COM		667655104	4,065		92,168(SH)	SLE	NO	NO
NUSTAR ENERGY LP		UNIT COM	67058H102	2,248		42,998(SH)	SLE	NO	NO
PEPSICO INC			COM		713448108	2,126		 34,346(SH)	SLE	NO	NO
PIEDMONT NAT GAS INC		COM		720186105	3,960		 137,088(SH)	SLE	NO	NO
PLUM CREEK TIMBER CO INC	COM		729251108	3,005		 86,576(SH)	SLE	NO	NO
PROCTER & GAMBLE CO		COM		742718109	4,036		63,880(SH)	SLE	NO	NO
RAYONIER INC			COM		754907103	3,313		 90,060(SH)	SLE	NO	NO
SPDR GOLD TRUST			GOLD SHS	78463V107	66,701		 422,000(SH)	SLE	NO	NO
SPDR DOW JONES INDL AVRG ETF	UT SER 1	78467X109	12,194		111,946(SH)	SLE	NO	NO
SELECT SECTOR SPDR TR		SBI INT-UTILS	81369Y886	11,084		329,692(SH)	SLE	NO	NO
STATOIL ASA			SPONSORED ADR	85771P102	3,974		184,420(SH)	SLE	NO	NO
SUNOCO LOGISTICS PRTNRS LP	COM UNITS	86764L108	1,895		21,410(SH)	SLE	NO	NO
TELE NORTE LESTE PART SA	SPON ADR PFD	879246106	948		99,466(SH)	SLE	NO	NO
TC PIPELINES LP			UT COM LTD PRT	87233Q108	2,609		59,523(SH)	SLE	NO	NO
UNILEVER PLC ADR		SPON ADR NEW	904767704	5,078		162,794(SH)	SLE	NO	NO
VANGUARD WORLD FDS		CONSUM STP ETF	92204A207	15,039		197,281(SH)	SLE	NO	NO
VECTREN CORP			COM		92240G101	4,544		167,804(SH)	SLE	NO	NO
VERIZON COMMUNICATIONS INC	COM		92343V104	5,040		136,952(SH)	SLE	NO	NO
XCEL ENERGY INC			COM		98389B100	4,190		169,704(SH)	SLE	NO	NO