Slow down your blazin' for a minute.
Please take the time to click user cp and edit details to add your vehicle and location to your profile, it's often useful information when you're seeking assistance.
I'm guessing you drive a 1997 E420...if so it might also help to take a slightly wider-angle picture to provide some perspective. That said, cam position sensors have been known to leak, so I'd actually pull that one and clean it up some more, then drive and watch it. It would be strange to have a valve cover gasket leaking only in that location, too.
Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy; its inherent virtue is the equal sharing of misery. (Winston Churchill)