Eeek, its not going to last long like that! Cam's are cast, they don't really buckle - they just break.
Get the rocker cover off and check that a bearing cap isn't loose/snapped.
There's also a chance that the cam gear isn't sat square on the cam itself - check the woodruff key is properly lined up and the securing bolt is torqued up properly. But I'd have the rocker cover off first.