It's condensation, the cool, moist weather we have all been enjoying lately along with normal crankcase gasses create condensation in the case, sooner or later it ends up mixing with the oil creating that spooge you found.
Unless you can get your oil temps above 212 deg. for a while to boil it off you'll have to change your oil more often.
If your oil on the dipstick looks like oil and not milkshake your bearings will be OK but if you don't drive it often you could get rust on bare steel areas inside the engine and when that stuff starts flaking off it's just like putting sand in the oil.