At this time of the year the most likely cause is condensation build up in the cam cover which combines with oil and makes the white gungey emulsion. I bet you dont do any long journeys in your car, as getting the engine up to temperature drives all the condensation out and breaks the emulsion. Nothing to worry about, just clean it out periodically and make sure you give the car a good run occasionally. Nothing much to worry about unless the "gunge" appears in the sump too and the dipstick...